Sanxiang Technology went public today with an issue price of RMB 11 per share

Sanxiang Technology is a manufacturer of automotive rubber hose products. It integrates research, development, production, sales and service. Its main business is the production of various automobile and motorcycle accessories. Steering pipe and assembly, air conditioning pipe and assembly, oil cooler pipe, fuel pipe, water pipe, etc. Sanxiang Technology was listed on the Beijing Stock Exchange today, with the company’s stock code of 831195, an issue price of 11 yuan per share, and an issue price-earnings ratio of 18.71 times.

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