China Net Finance, June 9 — Bloomberg quoted transaction documents as reporting,Angels of the TimesThe IPO will be priced at 173 yuan per share, the upper limit of its prospecting price of 147-173 yuan. The shares were listed on June 16.

According to preliminary data, Times Angel sold a total of 168.29 million shares in this public offering. The prospectus price ranged from $147 to $173, and the maximum amount collected reached $2,911 million. The entry fee for each 200 shares was 34,948.66 yuan, breaking last year's listingZaiding Pharmaceutical（9688）The record became the new stock with the highest entry threshold in recent years.

The highest entry fee for new shares is nearly HK$35,000 per lot

Based on the calculation that Times Angel's current stock offering, the public sale and international placement each accounted for 10% and 90% of the shares distributed for the public sale, only 8,415 lots were distributed. Based on the fact that yesterday's single bookings were overpurchased more than 100 times, there is a good chance that the share of the final public sale will return to 50%, or increase to about 42,000 lots. However, since supply is still scarce, if the Angels of the Times repeat the IPO season at the beginning of this year, which often reached hundreds of thousands of people, it would still be difficult for investors to find them.

Established in 2003, Times Angel mainly develops invisible oral correction technology, and produces and sells invisible braces. According to the preliminary prospectus, the Group's net profit increased 15.72% and 1.16 times year-on-year in 2019 and last year, reaching 69.231,000 yuan and 149 million yuan respectively, surging 1.16 times from year to year.

According to preliminary prospectus, Times Angel Technology mainly sells four types of invisible braces, namely Standard Edition, Champion Edition, Children's Edition, and COMFOS. The Group sold 137,600 pieces for the whole year last year, with an average price of 7,700 yuan.