---
title: "Sinophorus's IPO is priced at RMB 11.68 per share, with subscription starting on January 13"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224439644.md"
description: "Sinophorus announced that its initial public offering (IPO) is priced at RMB 11.68 per share. The issuance price is determined based on the preliminary inquiry results and market assessment. The offline subscription time is from 9:30 to 15:00 on January 13, 2025, and the online subscription time is from 9:30 to 11:30 and 13:00 to 15:00 on January 13, 2025"
datetime: "2025-01-09T11:30:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224439644.md)
  - [en](https://longbridge.com/en/news/224439644.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224439644.md)
generator: "portal-rs"
---

# Sinophorus's IPO is priced at RMB 11.68 per share, with subscription starting on January 13

According to the announcement from Sinophorus (688545.SH), the issuer and the joint lead underwriters have determined the issuance price to be RMB 11.68 per share after a comprehensive assessment based on the preliminary inquiry results, considering the company's reasonable investment value, the secondary market valuation levels of comparable companies, the secondary market valuation levels of the industry, as well as factors such as the effective subscription multiple of offline investors, market conditions, fundraising needs, and underwriting risks.

The offline subscription date and time are set for January 13, 2025 (T day) from 9:30 to 15:00, while the online subscription date and time are also January 13, 2025 (T day) from 9:30 to 11:30 and 13:00 to 15:00

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**