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Jasic Technology Successfully Listed on GEM of SZSE

Release time:2012-12-4 11:34:37

    On March 22, 2011, Jasic Technology successfully listed on GEM (Growth Enterprise Market) of SZSE (Shenzhen Stock Exchange), with the stock abbreviation “Jasic Technology”, the stock code “300193” and the stock issue price at RMB 26.5 per share. The company offered 55.5 million RMB ordinary shares (the A-shares) to the public, and the total share capital reached to 221.5 million shares after the public offering.

    This event gives a strong financial support to the company on its continuous development. At this new starting point, the company will advance the development strategy of becoming the total welding solution provider step by step based on the existing business and involve itself in the internationalization of Chinese welding and cutting equipment with a positive and open mind.

    In the next three years, the company will further expand the industrial scale, enhance the research and development capabilities, improve the global sales and service network and make full use of the raised capital to complete the construction of the production expansion project of inverter welder in Pingshan, Shenzhen, the energy driven welder project in Chongqing, the welding engineering center project in Shenzhen and the production base project of welding and cutting complete equipment in Chengdu, so as to strengthen its overall competition advantage in the industry.

 

 

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