On September 15, Shenzhen Luxshare Precision Industry Co., Ltd. ( “LuXshare”) launched its initial public offering (IPO) on Shenzhen Small and Medium-sized Enterprise (SME) board, under the stock code of 002475.SZ. The share offering was priced at CNY 28.8 per share with 438,000,000 shares offered through the exchange’s trading system and raised at total of CNY 1,198,247,007.
LuXshare, a State recognized high-tech company, is committed to research and development, manufacture and sales of connections, which are widely used in the industries of 3C (computer, communication and consumer electronics), automobile, etc.
Jingtian & Gongcheng represented the issuer in the listing.