Bofei Electric is listed today at an issue price of 19.77 yuan per share

Bofei Electric is a manufacturer of electrical machinery and equipment. Its business scope includes: motor accessories, polyester tapes, cotton tapes, acrylic tapes, plastic products, binding tapes, thermal expansion materials, high-voltage wind coils, mica boards, insulating resins, adhesives, Thinner, other insulating materials manufacturing, processing. Bofei Electric was listed on the main board of the Shenzhen Stock Exchange today with the company’s stock code of 001255, the issue price of 19.77 yuan per share, and the issue price-earnings ratio of 22.99 times.

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