date:Jun 27, 2014
s exceeding the quota from the first day of the booking period. This is because the investors are confident on SAPPE business fundamentals which could enhance the operating result in terms of the sales volume and profit to grow outstandingly.
In addition, 42.1% discount has been offered in the IPO price. The price is equivalent to P/E at 15.9 times, lower than the average P/E of other listed companies in the same group at 27.5 times. Therefore, it is expected that SAPPE shares will receive good