---
title: "Kente's IPO is priced at 15 yuan per share and will open for subscription on April 7"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234215111.md"
description: "Kente announced that its initial public offering (IPO) is priced at 15 yuan 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 April 7, 2025, and the online subscription time is from 9:30 to 11:30 and 13:00 to 15:00 on April 7, 2025"
datetime: "2025-04-02T11:51:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234215111.md)
  - [en](https://longbridge.com/en/news/234215111.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234215111.md)
---

# Kente's IPO is priced at 15 yuan per share and will open for subscription on April 7

According to the announcement from Kente (603120.SH), the issuer and the sponsor (lead underwriter) have determined the issue price to be RMB 15.00 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 April 7, 2025 (T day) from 9:30 to 15:00, and the online subscription date and time are April 7, 2025 (T day) from 9:30 to 11:30 and 13:00 to 15:00

### Related Stocks

- [603120.CN](https://longbridge.com/en/quote/603120.CN.md)

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