The amount of IPO(Initial Public Offerings) is 27.67 million and the price is 20.44 yuan per share. The price-earnings are nearly 23 times and the anticipated fundraising is nearly 0.57 billion. The use of IPO proceeds is mainly in projects like household weighing apparatus as well as the smart products for sports and health, commercial electronic weighing apparatus and engineering technology. Meanwhile, Senssun is going to expand the R&D of the data center, the Senssun Cloud, to boost the capability of research and technology and to implement efficient manufacturing mode. Therefore, Senssun will be able to expand capacity rapidly and meet the needs of domestic and abroad market.
The successfully list of Senssun has injected new impetus to its own development. Senssun will keep offering customers more prospective products and better service. We would like to take this opportunity to express our sincere thanks to the support of all customers. We look forward to having further cooperation and achieve mutual benefit with you in the path of development.
Zhongshan Camry Electronic Co.,Ltd
Senssun Weighing Apparatus Group Ltd