Liyuan Aluminium: First Day of IPO, increase by 28.6%£­42.9%

(China Aluminum Network) Liyuan Aluminum [0.000.00%] (002501) 1888 shares are listed on Shenzhen Stock Exchange on Wednesday, the market positions its first day's price is RMB 45-50, increase by 28.6% -42.9% compare with its issuing price. Liyuan Aluminium is mainly engaged in the business of various aluminum profiles, include architectural aluminu profiles, industrial aluminum profile, deep processing aluminum and etc., which are used in automotive, rail trains, consumer electronic appliances, electrical equipment and other fields; agencies optimistic about the develop of this company's high margins industrial aluminum profile and deep processing aluminum profile business, and its products' pricing mainly use the model of "basic aluminum price plus processing fee", and can effectively reduce the cost pressures from the increasing of aluminum prices. The net profile of this company's first three quarters is 70,249,700 EMB, after the issuing, the earnings per each share is 0.75 yuan, sales income of 765 million RMB.

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