On September 16th, 2011, AVIT Ltd. (trading code: 300264), which entrusted China Merchants Security (CMS) as its sponsor and main underwriter, was successfully listed in Shenzhen GEM. This is the 6th successful GEM IPO in 2011 sponsored by CMS. AVIT Ltd. publicly issued 2,600,000 A shares with a unit price of RMB 16.5 per share, and raised RMB 429,000,000.
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