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Date: 2013-07-31

Shenke Slide Bearing Debut On SME Board

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.


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Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
KT303715 IKO 30 37 15
KT303630 IKO 30 36 30
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