On April 12th 2021, Zhejiang Mustang Battery Co., Ltd. was listed on the main board of the Shanghai Stock Exchange. The listing signifies that Mustang Battery has officially entered the capital market, and the company's development has reached a new level. Our company is also the first company listed on the main board in Zhenhai District and the first listed company in the zinc-manganese battery industry.
Stock abbreviation: Mustang Battery, stock code: 605378.
The company publicly issued 33.34 million new shares at an issue price of 17.62 yuan per share, and the issue price-earnings ratio was 22.98 times.