Today, Heshun Technology (301237.SZ) shares fell, closing at 37.05 yuan, down 4.31%, with a total market value of 2.964 billion yuan.
On March 23, 2022, Heshun Technology was listed on the GEM of the Shenzhen Stock Exchange at an issue price of 56.69 yuan per share.The number of Heshun Technology’s public offering this time is 20 million shares, all of which are new public offerings. The sponsor is Dongxing Securities Co., Ltd., and the sponsor representatives are Zhong Lang and Mao Haolie.The total amount of funds raised by Heshun Technology is 1.134 billion yuan, and the net amount of funds raised is 1.018 billion yuan.
Heshun Technology finally raised 403 million yuan more than originally planned.On March 18, 2022, the prospectus released by Heshun Technology showed that the company plans to raise 615 million yuan, which will be used for the construction of biaxially oriented polyester film production bases, R&D center construction projects, and supplementary working capital projects.
The total issuance cost of Heshun Technology is 116 million yuan, of which Dongxing Securities Co., Ltd. received 93.9906 million yuan for the sponsorship and underwriting expenses.