Ruili Technology: First public offering of stocks and listing on the main board. Issuing price is 42.28 yuan.
Ruili Kemie Announcement: The application of Guangzhou Ruili Kemie Automotive Electronics Co., Ltd. for the initial public offering of RMB ordinary shares and listing on the main board has been reviewed and approved by the listing review committee of the Shenzhen Stock Exchange and has been approved for registration by the China Securities Regulatory Commission. The stock abbreviation of the issuer is "Ruili Kemie", and the stock code is "001285". Based on the preliminary inquiry results, the issuer and the sponsor have negotiated and determined the issue price for this issuance to be RMB 42.28 per share, with a total issuance quantity of 45,044,546 shares, taking into consideration factors such as overall subscription multiple, comparable industry valuation levels, issuer's industry position, fundamentals, market conditions, fundraising needs, and underwriting risk.
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