Guangdong Deerma Technology Co., Ltd. (referred to as “Deerma”), a small home appliance company based in Guangdong, officially debuted on the Shenzhen Stock Exchange on May 18th. The company’s stock is listed under the code 301332.
During the IPO, Deerma issued 92.31 million new shares at a price of ¥14.81 per share, raising a total of ¥1.367 billion. The funds raised will mainly be used for projects such as the “Smart Home Appliance Manufacturing Base,” “Research and Development Quality Control Center Construction,” and “Information Tec …
