Ningbo David Medical Device Co., Ltd. IPO subscription on April 24th

Apr.23, 2012

The subscription date of Ningbo David Medical Device Co., Ltd.(stock code:300314) is April 24th,2012.
This company dedicates to the development production and distribution of medical facilities.It is also the hi-tech technology enterprise in Zhejiang Province, China. .Its offering price at 20 yuan per share,estimated 20 million of common shares.It raises 400 million yuan.As the main underwriter of the deal,China Merchants Securities will will be benefited from the underwritering fees.
Hongyuan Securities(stock code:000562) estimates David Medical’s earnings per share(EPS) will be 0.84 yuan, 1.07 yuan, and 1.31 yuan next three years, respectively.

Ningbo David Medical Device Co., Ltd will land on Shenzhen stock market ChiNext board within 15 trading days by estimate.

Ningbo David Medical IPO data:
Par Value:1 CNY
Offering price:20 CNY
Total New Shares offered:20 million shares
Diluted P/E after IPO:32
Subscription date:April 24th,2012(one day)