8 stories mentioning SHA:688826Updated 23d ago
Every FINWIRES story that references SHA:688826, newest first.
Shanghai Precilasers (SHA:688826) posted first-half net profit attributable to shareholders of 88.3 million yuan, up 25% from 70.9 million yuan a year earlier.Earnings per share rose to 2.9445 yuan from 2.3635 yuan in the prior-year period, according to a Thursday filing with the Shanghai bourse.The laser technology maker's operating revenue increased 42% year over year to 256.2 million yuan from 180.3 million yuan, it said.
Chinese equities finished mixed on Tuesday as investors weighed disappointing macroeconomic data, including a decline in steel production and a deeper-than-expected contraction in fixed asset investment.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 0.2% higher to 3,930.30. The Shenzhen Component Index fell 0.6% to 14,622.50.China's production of steel fell in July, with crude steel output falling 3.6% year on year to 76.9 million tons, amid weak demand and a slowdown in the construction industry.Meanwhile, fixed asset investment contracted 6.7% year over year in the first seven months of 2026. The reading was worse than the 5.7% contraction pace recorded in the prior period and missed the consensus forecast of a 6.2% contraction tracked by Investing.com.In company news, Shanghai Precilasers (SHA:688826) shares closed at 1,152.00 yuan apiece on their first day of trading on the Shanghai bourse. This marked a 516% jump from the laser manufacturer's initial public offering price of 186.88 yuan.
Shanghai Precilasers (SHA:688826) shares opened at 1,100.00 yuan apiece on their first day of trading on the Shanghai bourse on Tuesday.This marked a 487% jump from the laser manufacturer's initial public offering price of 186.88 yuan.
Shanghai Precilasers' (SHA:688826) Shanghai STAR Market IPO has triggered a mandatory clawback reallocation after retail demand exceeded thresholds, according to a bourse filing on Thursday.During the preliminary subscription phase, the online retail pool was oversubscribed by 6,644.98 times, well above the regulatory limit of 100 times.CITIC Securities, the lead underwriter, decided to activate the clawback mechanism to adjust the scale of the offline and online offerings.Following the move, the final online offering size was increased to 39.6% of the total IPO size from the initial 29.6%, while the proportion of the offline or strategic offering was reduced to 60.4% from the initial 70.4%.The laser maker sold 10 million shares at 186.88 yuan per share, raising 1.87 billion yuan.
Shanghai Precilasers' (SHA:688826) initial public offering was oversubscribed by about 6,645 times, exceeding the threshold of 100 times, according to a Tuesday filing with the Shanghai bourse.The retail offering drew 8.1 million online subscription orders applying for 15.9 billion shares out of the 2.4 million shares on offer in the online portion of the offering, according to a separate filing Monday night.The laser maker sold 10 million shares on the Shanghai Stock Exchange at 186.88 yuan per share, seeking to raise up to 1.87 billion yuan.
Laser manufacturer Shanghai Precilasers (SHA:688826) priced its initial public offering of 10 million shares on the Shanghai Stock Exchange's STAR Market at 186.88 yuan per share, seeking to raise up to 1.9 billion yuan.On Aug. 7, a total of 2.4 million A-shares were initially issued online through the SSE trading system, according to a Monday filing with the Shanghai bourse.Final allotment results will be announced Tuesday, with the ballot drawing scheduled for Monday in Shanghai.China Securities serves as the lead underwriter.
Shanghai Precilasers (SHA:688826) published the details for the strategic placement of shares for its initial public offering, according to a Shanghai bourse filing on Wednesday.The laser equipment maker plans to issue 10 million new shares, representing 25% of the company's total shares.The initial allocation for the strategic placement is 2 million shares.Prior to the clawback mechanism, the initial offline offering will comprise of 5.60 million shares and the initial online offering will consist of 2.40 million shares.The online roadshow will be held on Thursday, Aug. 6.
Precilasers (SHA:688826) filed for an initial public offering on the Shanghai Stock Exchange's STAR Market board.The company will issue 10 million shares, representing 25% of its post-IPO equity, according to a prospectus published Thursday.Proceeds will fund the precision laser manufacturer's industrialization projects, research and development centers, and working capital.The expected offering date is on Aug. 7.China Securities serves as the lead underwriter.
