The STAR Market is poised to welcome the debut of two new stocks: Xingfu Electronics and Haibo Sichuan, with a combined fundraising target of 2.043 billion yuan. Xingfu Electronics, specializing in the research, development, production, and sales of wet electronic chemicals, will be issued on January 13. Investors can subscribe using the code 787545, with an issue price of 11.68 yuan, a price-to-earnings (P/E) ratio of 40.46 times, and an anticipated fundraising amount of 875 million yuan. Meanwhile, Haibo Sichuan, dedicated to the R&D, production, and sales of electrochemical energy storage systems, will commence its issuance on January 16, using the subscription code 787411, also aiming to raise 875 million yuan.
Financial records indicate that Xingfu Electronics reported net profits of 191 million yuan in 2022 and 124 million yuan in 2023. Haibo Sichuan, on the other hand, achieved net profits of 177 million yuan in 2022 and a significant 578 million yuan in 2023. As with any stock market investment, caution is advised, and investors are urged to thoroughly understand the associated risks before committing funds.
