Net profit exceeds 8 billion yuan! Public funds enthusiastically participate in fixed increase with a total of 17.4 billion yuan.

According to Securities Times, based on the adjusted calculation, the public funds participating in the private placement of Jinhua New Material have already gained a profit of more than 200% compared to the private placement price. This performance has firmly secured its position as the top performer in the public funds' private placement stocks this year. Data from Public Offering Net shows that as of the end of August, eight public offering stocks including Henghe Precision, Leshan Electric Power, National Machine Precision, and Zhongtung High-Tech have seen their profits exceed 100% this year. In terms of profit amount, XinYuan Shares have made nearly 1.4 billion yuan for five public funds, while Zhongtung High-Tech and Dizhe Medicine have made nearly 800 million yuan and 700 million yuan in profits for public funds. Based on the closing price at the end of August, the total profit of public funds participating in private placement projects this year has reached 8.354 billion yuan, with 98% of private placement stocks realizing profits and an average profit ratio of 48.14%. Industry experts believe that the demand in the private placement market this year is better than last year, with higher market participation enthusiasm and a more diverse investment structure, especially with the increasing participation of state-owned assets. Against the backdrop of a stable stock market and factors such as the possible interest rate cut by the Federal Reserve, the sentiment in the private placement market is expected to remain relatively moderate, with attention focused on future opportunities.