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A-share subscription | Hongyuan shares (920018.BJ) open for subscription. The product is used for large-capacity power transformers and other large-scale power transmission and transformation equipment.

13/08/2025

According to the Securities Times app, on August 11th, Hongyuan Stock (920018.BJ) started its subscription. The issue price is 9.17 yuan per share, with a subscription limit of 1.4573 million shares, a P/E ratio of 12.34 times, and is listed on the Beijing Stock Exchange. Minsheng Securities is its sponsor.

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Google Greater China President Stanley Chen: Chinese developers going global have become an indispensable force globally.

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