Key facts
- Klarity Medical & Equipment priced its IPO on the Beijing Stock Exchange at 15.6 yuan ($2.3) per share.
- This is the second company in over three years to use the Beijing Stock Exchange's offline-inquiry mechanism for book-building.
- The book-building practice was largely suspended on the exchange since April 2023 due to valuation and liquidity concerns.
- The offering attracted 2,133 participants and achieved a subscription ratio of 716 times.
- Klarity's IPO pricing yields a price-to-earnings ratio of 19.62 based on its 2025 core earnings.
Klarity Medical & Equipment Co. Ltd. has priced its initial public offering on the Beijing Stock Exchange at 15.6 yuan ($2.3) per share. This marks the second instance in over three years that a company has utilized the exchange's offline-inquiry mechanism for book-building, a practice that had been largely suspended since April 2023 due to concerns over valuation and liquidity.