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Posted: Sun Feb 16, 2025 3:50 am
However, in the four months after the announcement of the spin-off listing plan, the stock price of industrial control giant Huichuan Technology still fell by more than 30%.
It is reported that Huichuan Technology was ranked 42nd on the "2022 Hurun China Top 500" list with a value of 191 billion yuan. As of today's January 13 afternoon closing, Huichuan Technology's share price fell 2.73% to 58.35 yuan per share, with a market value of approximately 157.1 billion yuan.
The prospectus shows that the number of shares to be publicly bosnia and herzegovina telegram data issued by United Power this time will not exceed approximately 705.4 million shares, accounting for no more than 25% and no less than 10% of the total share capital after this issuance. It plans to raise approximately 4.857 billion yuan. In total, the valuation of United Power is between 19.4 billion yuan and 48.75 billion yuan , making it a veritable "small giant" in the subdivided industry.
After deducting the issuance expenses, the funds raised in this round will be used for the production and construction of core components for new energy vehicles, the construction of R&D centers and platform R&D projects, digital system construction projects, and to supplement operating capital.
United Power focuses on electric drive system business and aims to turn losses into profits in 2023
In the process of evolution from fuel vehicles to electric vehicles, the power components of the vehicle have undergone revolutionary changes.
It is reported that Huichuan Technology was ranked 42nd on the "2022 Hurun China Top 500" list with a value of 191 billion yuan. As of today's January 13 afternoon closing, Huichuan Technology's share price fell 2.73% to 58.35 yuan per share, with a market value of approximately 157.1 billion yuan.
The prospectus shows that the number of shares to be publicly bosnia and herzegovina telegram data issued by United Power this time will not exceed approximately 705.4 million shares, accounting for no more than 25% and no less than 10% of the total share capital after this issuance. It plans to raise approximately 4.857 billion yuan. In total, the valuation of United Power is between 19.4 billion yuan and 48.75 billion yuan , making it a veritable "small giant" in the subdivided industry.
After deducting the issuance expenses, the funds raised in this round will be used for the production and construction of core components for new energy vehicles, the construction of R&D centers and platform R&D projects, digital system construction projects, and to supplement operating capital.
United Power focuses on electric drive system business and aims to turn losses into profits in 2023
In the process of evolution from fuel vehicles to electric vehicles, the power components of the vehicle have undergone revolutionary changes.