Earn 200,000 yuan from a single winning bid! Zhenbao Technology's stock price surged 900% on its first day of trading.

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Zhenbao Technology listed on the STAR Market and saw its share price surge sharply on its first trading day. The company priced its IPO at 44.56 yuan per share and raised about 1.73 billion yuan in gross proceeds. It makes precision parts and surface-treatment services for semiconductor and display manufacturing equipment, and it serves major domestic and international chip and panel customers. The company says the new capital will help it invest more in core materials research and expand its semiconductor component portfolio.

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