Crown New Materials to Open for Subscription Tomorrow

According to the current issuance schedule, the Shenzhen Main Board IPO Crown New Materials can be subscribed on October 19. The stock code for Crown New Materials is 001381, and the payment date for winning allotments is October 21. According to the issuance announcement, Crown New Materials will publicly issue 56.3048 million shares this time, accounting for approximately 12.01% of the company's total share capital after issuance, all of which are newly issued public shares, with no transfer of old shares; the company's total share capital after this issuance will be approximately 469 million shares. The issuance price for Crown New Materials this time is RMB 16.98 per share, corresponding to a diluted static price-to-earnings ratio of 25.87 times based on the issuer's 2025 net profit attributable to the parent company after deducting non-recurring gains and losses.