Hongfucheng New Materials to List on Shenzhen ChiNext on September 29 at 76.86 Yuan/Share
Shenzhen Hongfucheng New Materials Co., Ltd. will list its shares on the Shenzhen Stock Exchange's ChiNext board on September 29, 2026, under stock code 301716. The IPO of 18.73 million shares is priced at 76.86 yuan per share, with a P/E ratio of 21.8 times. A total of 12.45 million shares will be tradable from the listing date, representing 16.62% of post-issuance shares. No price limits apply for the first five trading days.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Shenzhen Stock Exchange Approves Hongfucheng New Materials IPO Listing for September 29
The Shenzhen Stock Exchange (SZSE) announced that Shenzhen Hongfucheng New Materials Co., Ltd. will list its ordinary RMB-denominated shares on the exchange on September 29, 2026. The company's stock will trade under the ticker symbol 'Hongfucheng' with the stock code 301716. According to the exchange notice, the company has a total of 74,922,400 ordinary shares, of which 12,453,300 shares will begin trading on the listing date. This announcement confirms the IPO listing schedule for the materials company.
Shenzhen Stock Exchange Announces Listing of Shenzhen Hongfucheng New Materials Shares
On September 28, the Shenzhen Stock Exchange (SZSE) announced that the shares of Shenzhen Hongfucheng New Materials Co., Ltd. will begin trading. The company's stock will be listed under the short name 'Hongfucheng' with the stock code '301716'. According to the announcement, the total number of the company's renminbi-denominated ordinary shares is 74,922,400, of which 12,453,300 shares will be available for trading starting from the listing date. The information was sourced from the National Business Daily and published on the East Money News platform.
Read sourceHongfucheng Stock to List on ChiNext Board on September 29
According to an announcement released by Hongfucheng on the evening of September 27, the company's stock will begin trading on the Shenzhen Stock Exchange's ChiNext board on September 29. The stock will trade under the ticker '301716' with the short name 'Hongfucheng'. The company is offering 18.7306 million shares in this IPO, representing 25.00% of the total post-issuance share capital. The issue price is set at 76.86 yuan per share, resulting in a total post-issuance share count of 74.9224 million shares. The corresponding P/E ratio is 21.80 times, calculated based on the company's 2025 net profit attributable to the parent company after deducting non-recurring gains and losses divided by the post-issuance total shares. After the issuance, 12.4533 million shares will be tradable without lock-up restrictions, accounting for 16.62% of the total post-issuance shares. The company noted that there will be no price limit for the first five trading days on ChiNext, after which the daily price limit will be 20%. The article was generated by AI and does not constitute investment advice.
Read sourceShow 2 older updatesHide older updates
Hongfucheng to List on Shenzhen ChiNext on September 29, 2026
Hongfucheng announced that its common stock will be listed on the Shenzhen Stock Exchange's ChiNext board on September 29, 2026, under stock code 301716. The initial public offering consists of 18,730,606 new shares, increasing total shares to 74,922,424. The issue price is 76.86 yuan per share, corresponding to a static price-to-earnings ratio of 21.8 times based on 2025 attributable net profit (lower of before/after non-recurring items, diluted), which is below the industry and comparable company averages. The company cautioned that there will be no price limit in the first five trading days, and the initial tradable share proportion is 16.62%, warning of potential trading volatility and liquidity risks.
Hongfucheng Stock to List on ChiNext Board on September 29
According to a report from Shanghai Securities News via East Money, Hongfucheng (stock code 301716) announced that its shares will begin trading on the ChiNext board of the Shenzhen Stock Exchange on September 29. The company conducted an initial public offering of 18.7306 million shares, representing 25.00% of the total post-issuance share capital, at an issue price of 76.86 yuan per share. The total share capital after issuance is 74.9224 million shares, with a corresponding issue price-to-earnings ratio of 21.80 times, calculated based on the net profit attributable to the parent company's shareholders after deducting non-recurring gains and losses for 2025 divided by the total post-issuance shares. After the issuance, the company's unrestricted tradable shares amount to 12.4533 million shares, accounting for 16.62% of the total post-issuance shares. The company noted that ChiNext-listed stocks have no price fluctuation limits for the first five trading days, after which the daily price fluctuation limit is set at 20%. The article includes a disclaimer that it is AI-generated and does not constitute investment advice.
Read source