301669SZSE
🚨 Material Event

Announcement of Initial Public Offering and Listing on the ChiNext Market

Gote Electronics Co., Ltd.··5 pages

✨ AI Summary

Hangzhou Gaote Electronics Co., Ltd. will list its ordinary shares on the Shenzhen Stock Exchange ChiNext Market on June 9, 2026, following an initial public offering of 120 million shares. The total share capital after the IPO will be 480 million shares. Investors are advised to be aware of the high investment risks associated with the ChiNext Market.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Listing Overview

  1. Stock Abbreviation: Gaote Electronics
  2. Stock Code: 301669
  3. Total Share Capital After IPO: 480,000,000 shares
  4. Number of Shares Offered in IPO: 120,000,000 shares, all new shares, no existing shares transferred.

Risk Warning

The company's stock will be listed on the ChiNext Market of the Shenzhen Stock Exchange, which carries higher investment risks. Companies on the ChiNext Market are characterized by unstable performance, high operational risks, and significant delisting risks, exposing investors to considerable market risks. Investors should fully understand the investment risks of the ChiNext Market and the risk factors disclosed by the company, and make prudent investment decisions.

According to the "Statistical Classification Guidelines for Listed Companies" (2023) by the China Association for Public Companies, the issuer's industry is classified as "C38 Electrical Machinery and Equipment Manufacturing." As of May 25, 2026 (T-4 days), the static average price-to-earnings (P/E) ratio for the "C38 Electrical Machinery and Equipment Manufacturing" sector published by China Securities Index Co., Ltd. was 28.92 times.

As of May 25, 2026 (T-4 days), the P/E ratios of listed companies similar to the issuer are as follows:

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