Hisun Biomaterials is listed today at an issue price of 16.68 yuan per share

Hisun Biomaterials is a polylactic acid product research and development manufacturer, dedicated to the production of polylactic acid trays, lunch boxes, beverage cups, straws, cutlery and spoon sheets, coated paper cups, non-woven bags, baby products, durable daily necessities, etc. A variety of products, the raw materials of the products are derived from plant ecological materials, starch is extracted from corn, cassava and other plants, and after microbial fermentation of lactic acid, it is polymerized to form a polymer material – polylactic acid. Hisun Biotech was listed on the Shanghai Stock Exchange’s Science and Technology Innovation Board today with the company’s stock code of 688203, the issue price of 16.68 yuan per share, and the issue price-earnings ratio of 100.18 times.

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