2023-09-19 01:05:00
Original title: The number of listed companies on the Beijing Stock Exchange increased to 220
Report from our newspaper (Reporter Sun Jie) Yesterday, Shenzhen Fuheng New Materials Co., Ltd. (referred to as “Fuheng New Materials”) was officially listed for trading, becoming the first company listed on the Beijing Stock Exchange in Bao’an District, Shenzhen. The number of listed companies on the Beijing Stock Exchange has increased to 220, with the latest total market value reaching 264.2 billion yuan.
Since its establishment in 1993, Fuheng New Materials has focused on independent research and development, performance improvement and production process optimization of modified plastics. After years of development, the company has profound accumulation in the technical formulas and large-scale production processes of modified plastics. In July this year, the company was selected into the list of national-level specialized and new “little giants”.
This time on the Beijing Stock Exchange, Fuheng New Materials publicly issued 26.22 million shares at an issue price of 5.68 yuan per share, and attracted many well-known investment institutions such as Shouzheng Zefu and Guide Fund to become strategic investors. Going public will help the company raise funds needed for future development and further break through production capacity bottlenecks.
With the recent release of the “19 In-depth Reforms” of the Beijing Stock Exchange, the Beijing Stock Exchange has further enriched the listing paths for companies, which will help to further enhance market liquidity and valuation expectations. The industry expects that with the reform of the issuance and listing system, the Beijing Stock Exchange will further accelerate the supply of high-quality listed companies.
(Editors: Bao Congying, Gao Xing)
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