Da Peng Technology's stock breaks below listing price on first day, rallies late to close at 175 yuan

Da Peng Technology (7689), guided by Fubon Securities, debuted on the stock market at 180.53 yuan per share but closed its first trading day at 175 yuan, marking a drop below its offering price. The stock experienced initial selling pressure, opening at 172 yuan and falling to a low of 164 yuan before recovering. Despite the closing price being approximately 3% lower than the offering price, the stock showed a strong upward trend in the final moments of trading, forming a lower shadow on the day's chart.

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The company’s long-term focus on smart security and care, combined with the application of artificial intelligence network technology and international market layout, has established a good market competitive foundation.

The company specializes in the research, design, manufacturing, and sale of security and elderly care alarm systems, offering comprehensive solutions for home safety and elder care. Da Peng Technology has demonstrated robust financial performance, with revenues growing at a compound annual growth rate of 24.2% from 2023 to 2025, reaching 4.46 billion yuan. Net profit saw an even more impressive increase, with a CAGR of 121.3%, reaching 529 million yuan, and earnings per share rising from 2.24 yuan to 10.38 yuan over the same period.

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The company’s core is innovation and R&D, independently developing a wireless communication platform with technical advantages such as long distance, low power consumption, and real-time voice transmission, and providing complete solutions by integrating terminal equipment and cloud platforms.

Despite global uncertainties like geopolitical tensions, currency fluctuations, and tariffs, Da Peng Technology maintains strong growth momentum and profitability resilience. Fubon Securities General Manager Kuo Yung-yi highlighted the company's deep roots in smart security and care, its integration of AI and network technology, and its international market presence. Da Peng Technology Chairman Chang Tsai-fa emphasized the company's core focus on innovation, its proprietary wireless communication platform with long-range, low-power, and real-time voice transmission capabilities, and its goal to become a leading brand in the smart security and care sector.

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Going forward, Da Peng Technology will continue to invest R&D resources, expand patent layout, and deepen international cooperation, moving towards the goal of becoming a leading brand in the smart security and care industry.