The Zhitong Finance App learned that on July 20, Zhejiang Xinxing Tools Co., Ltd. (301677.SZ) began a subscription. The issue price was 33.58 yuan/share, the subscription limit was 60,000 shares, and the price-earnings ratio was 17.17 times. It belongs to the Shenzhen Stock Exchange GEM, and Huatai United Securities is its sponsor.

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