February 16 -- Shantou Dongfeng Printing (RCode:601515:), Guiyang Longmaster Information and Technology (300288), Beijing Leadman Biochemistry (RCode:300289:) and Bringspring Science and Technology (300290) went public today, reports National Business Daily.

Shantou Dongfeng Printing, a producer of cigarette packages and laser labels, issued 56 million shares at 13.2 yuan per share, raising 739.2 million yuan from its initial public offering. The issue price represents a price earnings (PE) ratio of 18.08.

Funds raised will be used to build a production base, upgrade technology, construct a design center, and to expand the production capacity of a subsidiary.

Shares of Shantou Dongfeng Printing (RCode:601515:) rose 18.26 percent to close the morning session at 15.61 yuan per share.

Guiyang Longmaster Information and Technology, a provider of online services and instant messaging systems, issued 13.4 million shares at 22.44 yuan per share, raising 300.7 million yuan from its initial public offering. The issue price represents a PE ratio of 34.

Funds raised will be used to merge and improve its network, construct a research center, build a marketing network, and related projects.

Shares of Guiyang Longmaster Information and Technology (RCode:300288:) rose 80.97 percent to close the morning session at 40.61 yuan per share.

Beijing Leadman Biochemistry produces IVD reagents, medical devices, and chemical raw materials. Its products include angiotensin converting enzymes, D-dimer, D-3-Hydroxbyutyrate, homocystine, and apolipoproteins.

The company issued 38.4 million shares at 13 yuan per share, raising 499.2 million yuan from its initial public offering. The issue price represents a PE ratio of 37.14.

Funds raised will be used to expand its IVD reagents production capacity, and to construct a research center.

Shares of Beijing Leadman Biochemistry (RCode:300289:) rose 24.62 percent to close the morning session at 16.2 yuan per share.

Bringspring Science and Technology, a provider of application systems, data centers, and other IT services, issued 17 million shares at 11.11 yuan per share, raising 188.87 million yuan from its initial public offering. The issue price represents a price earnings (PE) ratio of 23.15.

Funds raised will be used to improve the technology of its data center, build an outsourcing base, and related projects.

Shares of Bringspring Science and Technology (RCode:300290:) rose 61.57 percent to close the morning session at 17.95 yuan per share.

Source:CapitalVue