The suggested reasonable price is 18.46 yuan to 22.48 yuan
Star Technology plan to listing in GEM. The company plan to issued 25million A shares, the total equity is of 100 million shares, the price is 21 yuan, the company tend to rise 525 million yuan to improve produce capacity and expend research center.
Star Technology mainly produce protective screen of mobile phone and tablet computer. The protective screen is mainly applied in cell phone, tablet computer, MP3/MPE and other electronic products, its high-hardness, sound light-admitting quality can protect and decorate touch screen and general LCD in electronic products. In 2010, the company has sold protective screen for 304 million yuan, increased by 95.3 percent over the same period last year. The person in charge of technology and management of the company is the third-largest shareholder. And the actual controller of the company is Mr. Ye Xianyu, he owns 39.37 percent of the company’s share.