A single contract achieved a maximum floating profit of 556,600! The shares of Frequency Precision Laser (688826.SH) surged over 595% on the first day of trading, setting a new A-share record.

According to Zhitong Finance APP, on August 18, Pinzun Laser (688826.SH) was listed on the Shanghai Stock Exchange's STAR Market. The issuance price of the stock was 186.88 yuan per share, with a subscription amount of 93,400 yuan for a single lot of 500 shares, setting a new high for IPO subscription thresholds in A-shares since 2026. On the first day of trading, the stock opened high with a 488% increase to 1,100 yuan per share and continued to rise during the trading session. As of the time of writing, it reached a peak of 1,300 yuan per share. Based on this price, the profit for a single lot amounts to as much as 556,600 yuan, breaking the record for first-day earnings of new stocks since the implementation of the full registration system in A-shares.