Lianxun Instrument's STAR Market Debut: Soaring Over 950%, Shattering Innosilicon's Record for A-Share IPOs
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Author:小编   

On April 24th, Lianxun Instrument, a frontrunner in the optical communication test instruments sector, made its grand entrance on the STAR Market. Its shares skyrocketed by an astonishing 950.2% on the very first day of trading. This remarkable feat not only eclipsed Innosilicon's previous record for the largest intraday gain during its debut but also established Lianxun Instrument as the most lucrative new stock of the year. Based on the peak intraday price, investors holding a single lot witnessed floating profits soaring up to RMB 389,000. Lianxun Instrument priced its shares at RMB 81.88 each, successfully raising a total of approximately RMB 2.102 billion. As a leading domestic enterprise specializing in high-end test instrument equipment, the company's product portfolio spans across diverse fields, including optical communications, silicon carbide power devices, and semiconductor integrated circuits.