Qisheng Technology (603610) IPO offline inquiry strategy

Qisheng Technology (603610) IPO offline inquiry strategy
On October 11, 2019, Qisheng Technology started offline inquiry. Qisheng Technology has no old stock transfer.According to the prospectus disclosed in the prospectus, the expected raised capital, issuance costs and the number of issuances, the issue price of Kirsun Technology is estimated to be 44.66 yuan, corresponding to a price-earnings ratio of 22.99 times, lower than the one-month average price-earnings ratio of 23 in the furniture manufacturing industry.89 times, 23 times below the 南京桑拿网 red line of price-earnings ratio.Based on the two trading days before the start of the initial inquiry of this issuance (ie October 9, 2019, T-6 days (inclusive)) as the base date, the securities established through public offerings that participated in the initial inquiry of this issueInvestment funds, basic endowment insurance funds, social security funds managed by social security fund investment managers managed by the Shanghai Stock Exchange non-restricted A shares and non-restricted depositary trusts held 20 trading days (including the reference date)The average daily market value of the voucher should be more than 10 million yuan (inclusive).Other offline investors and participants under their management who participated in the initial inquiry of the issuance of non-restricted A shares and non-restricted depositary trusts in the Shanghai Stock Exchange held 20 trading days (including the reference date) before the benchmark dateThe average daily market value of the voucher should be more than 60 million yuan (inclusive). Taking into account the initial number of offline issuances and the estimated situation of the issuer in this preliminary inquiry stage, the sponsor (the lead underwriter) sets the minimum number of shares to be placed by the offline investors designated by the investor as 500,000 shares, and the number of proposed purchasesThe minimum unit of change is set to 100,000 shares, that is, the portion of the proposed subscription object designated by offline investors that exceeds 500,000 shares must be an integer multiple of 100,000 shares. The number of subscriptions for each placement object must not exceed 1.3 million shares.