Fengan shares are listed today with an issue price of 10 yuan per share

Fengan Co., Ltd. is a developer of hardened gears and gear shafts. The company’s products mainly include tractor and harvester gears, oil pump gears, automotive gears, arc bevel gears, mechanical gears, farming machinery gears, engineering machinery gears, power mechanical gears etc. Fengan shares were listed on the Beijing Stock Exchange today, the company’s stock code is 870508, the issue price is 10 yuan per share, and the issue price-earnings ratio is 20.26 times.

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