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The new stock N Tongyu opened up over 110%.
Jin10 reported on July 10 that the new stock N Tongyu opened over 110% higher, at 180 yuan. Tongyu New Materials is publicly issuing 10 million shares, of which 10 million shares are new shares, at an issuance price of 84 yuan per share, raising 840 million yuan in funds, with a total share capital of 40 million shares after the issuance. Tongyu New Materials mainly engages in the research, development, production, and sales of electronic resins.