Is Jiangsu Huachen worth buying? The estimated issue price is 8.53 yuan-enterprise trends-shares in the stock market.

According to the latest news, Jiangsu Huachen Transformer Co., Ltd. will start the subscription of new shares in the near future. The stock is called Jiangsu Huachen for short, with subscription code 732097 and stock code 632097, and the expected issue price is 8.53 yuan. So, is Jiangsu Huachen worth buying? Let's have a brief look.

Can Jiangsu Huachen purchase?

Jiangsu Huachen is engaged in the production and sales of R&D, transmission and distribution and control equipment. Its main products include dry-type transformers, oil-immersed transformers, box-type substations and complete sets of electrical equipment. As an important part of power system, transmission and distribution and control equipment are widely used in power grid, new energy (wind, light and storage), rail transit, electric vehicle charging pile, industrial manufacturing, real estate construction and other industries.

It is understood that Zhang Xiaojin directly holds 70% of the shares of the company, and indirectly holds 1. 17% of the shares of the issuer through Zhonghe Commerce and Jiutai Commerce, and is the controlling shareholder and actual controller of the company. Need to remind everyone that many new shares have been broken recently, so everyone should be cautious. So, when will Jiangsu Huachen go public? It is understood that Jiangsu Huachen may be listed in mid-May.