Shenke Slide Bearing Corporation debut on the Small and Medium Enterprises (SME) board on November 22nd.
Shenke Slide Bearing Corporation (002633), a bearing producer, issued 25 million shares in its IPO. The issue price was set at 14 yuan per share, yielding a P/E ratio of 41.24. The offering will fund the construction of two production lines and an R&D center.
Shares of Shenke Slide Bearing Corporation increased 28.36 percent to trade at 17.97 yuan at 13:46.
Product Model | Inside Diameter | Outside Diameter | Thickness |
KT303715 IKO | 30 | 37 | 15 |
KT303630 IKO | 30 | 36 | 30 |