On October 11, the new stocks N Qiangbang (001279.SZ) and N Copper Crown (920019.BJ) opened with a sharp rise, both triggering a second trading halt.
According to the Securities Times app, on October 11, the new stocks N Qiangbang (001279.SZ) and N Copper Crown (920019.BJ) opened with a sharp rise, both triggering a second trading halt. The new stock N Qiangbang New Materials debuted on the first day of trading, with the first fill price at 87.12 yuan. The stock price later surged over 2400%, reaching a high of 245.00 yuan, currently up 1750% falling back to 179 yuan, while the IPO price was only 9.68 yuan. Data shows that the company is mainly engaged in the research, development, production, and sales of printing plates, one of the largest printing plate manufacturers in China. Since its establishment, it has always focused on the research and development of photosensitive materials and their application in printing plates, and has established a complete product system of printing plates.
Another new stock, N Copper Crown, listed on the BSE, surged nearly 1200% at its highest during trading, with the highest price reaching 55.55 yuan. Currently, the increase has narrowed to about 880%, with a total market value of approximately 8.6 billion yuan. According to the company's prospectus, the company's main business is integrated mine development services. It focuses on providing integrated development services and related value-added services such as engineering construction, operational management, optimized design, and technological research and development to non-coal mines globally, aiming to become a leading global provider of intelligent mine system solutions.
It is reported that in this public offering, the proceeds raised by N Copper Crown are planned to be used for mine construction and mining equipment purchase, supplementing mine engineering and mining operational management business operating funds, and the establishment of a new mine engineering and technology research and development center.