New IPO Observation: High-Dividend Payout, Low Utilization Rate, and Decreasing Profit Margin - Is New Grand Benefit's IPO Necessary?
With the rapid development of technology and the electronics industry, the application of new materials in electronic products has become increasingly widespread, and the prospects for new material companies have become brighter. Meanwhile, it has also provided strong support for the development of new material companies.
On December 26, Suzhou New Grand Benefit Electronics Co., Ltd. (hereinafter referred to as "New Grand Benefit") updated its IPO review dynamics on the Shanghai Stock Exchange, and the company has now disclosed its second round of inquiry responses. The main questions are about industry development, market competition, and growth potential, research and development investment, related transactions, and patent disputes. Among them, profit margin and fundraising projects have been repeatedly inquired by the exchange.
New Grand Benefit has also conducted a large-scale cash dividend payment of 2.2 billion yuan before its IPO, which has attracted attention from both the market and the exchange.
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