Heng Shun Electric price 25 yuan 18th online purchase

Heng Shun Electric (300208) April 14 evening notice, to determine the initial public offering price of 25 yuan/share, the corresponding P/e ratio is 46.64 times times. The company intends to issue 17.5 million shares, the total share capital after the issuance of 70 million shares. Under the network under the issue of no more than 3.48 million shares, accounting for the number of the issue of 19.89%, the number of online distribution for the total amount of this issue minus the net under the final distribution, that is, 14.02 million shares.　　April 18 implementation of online purchase. The company's main business is high voltage reactive power compensation devices, filter devices and the core components of research and development, design, production and sales. In 2008-2010, the operating income was 103 million yuan, 142 million yuan and 182 million yuan respectively, and the net profit attributable to the parent company was 14.8271 million yuan, 27.5123 million yuan and 41.2043 million yuan respectively.