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Good news! Jiusheng Electric successfully listed on Shenzhen Stock Exchange Growth Enterprise Market!

(Summary description) Today, Jiusheng Electric Co., Ltd. ("Jiusheng Electric" stock code: 301082) was successfully listed on the Shenzhen Stock Exchange. Wu Dengfen, member of the Standing Committee of the Municipal Party Committee and member of the Party Group of the Municipal Government, attended the listing ceremony and delivered a speech. Relevant persons in charge of the Municipal Finance Office, committee leaders Xu Xiaohui, Wu Limei, and Yin Xiaoping attended the listing ceremony. ,

Jiusheng Electric Co., Ltd. was established in May 2004. The company is located at No. 1000 Xifeng Road, South Taihu New District. A number of patent achievements, the product market share ranks first, won the "Zhejiang Famous Brand Product". In 2020, the company will realize operating income of 1.193 billion yuan and total profit of 94.742 million yuan. After listing, the company will continue to dig deeper into the subdivision of fire-resistant special cables. While enhancing the competitive advantages of existing products, it will further enrich the series of high value-added products, continuously improve its own profitability, better meet market demand, and gradually realize the current domestic The market substitutes some high-end special cables for imports.

Good news! Jiusheng Electric successfully listed on Shenzhen Stock Exchange Growth Enterprise Market!

(Summary description) Today, Jiusheng Electric Co., Ltd. ("Jiusheng Electric" stock code: 301082) was successfully listed on the Shenzhen Stock Exchange. Wu Dengfen, member of the Standing Committee of the Municipal Party Committee and member of the Party Group of the Municipal Government, attended the listing ceremony and delivered a speech. Relevant persons in charge of the Municipal Finance Office, committee leaders Xu Xiaohui, Wu Limei, and Yin Xiaoping attended the listing ceremony. ,

Jiusheng Electric Co., Ltd. was established in May 2004. The company is located at No. 1000 Xifeng Road, South Taihu New District. A number of patent achievements, the product market share ranks first, won the "Zhejiang Famous Brand Product". In 2020, the company will realize operating income of 1.193 billion yuan and total profit of 94.742 million yuan. After listing, the company will continue to dig deeper into the subdivision of fire-resistant special cables. While enhancing the competitive advantages of existing products, it will further enrich the series of high value-added products, continuously improve its own profitability, better meet market demand, and gradually realize the current domestic The market substitutes some high-end special cables for imports.

  • Categories: Company news
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  • Time of issue:2021-10-27
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       Today, Jiusheng Electric Co., Ltd. (abbreviated as “ Jiusheng Electric”stock code: 301082) was successfully listed on the Shenzhen Stock Exchange. Wu Dengfen, member of the Standing Committee of the Municipal Party Committee and member of the Party Group of the Municipal Government, attended the listing ceremony and delivered a speech. Relevant persons in charge of the Municipal Finance Office, committee leaders Xu Xiaohui, Wu Limei, and Yin Xiaoping attended the listing ceremony.      

       Jiusheng Electric Co., Ltd. was established in May 2004 , The company is located at No. 1000 Xifeng Road, South Taihu Lake New District. It is a high-tech enterprise specializing in the research and development, production, sales and service of fire-resistant special cables and power cables. It has more than 30 patents and its product market share ranks No. First, won the "Zhejiang Famous Brand Product". In 2020, the company will realize operating income of 1.193 billion yuan and total profit of 94.742 million yuan. After listing, the company will continue to dig deeper into the subdivision of fire-resistant special cables. While enhancing the competitive advantages of existing products, it will further enrich the series of high value-added products, continuously improve its own profitability, better meet market demand, and gradually realize the current domestic The market substitutes some high-end special cables for imports. Its products have been used in the construction of the new CCTV building, Shanghai Hongqiao Transportation Hub and other projects, and have a high reputation and reputation in the industry. After landing on the ChiNext, Jiusheng Electric issued 40.412 million shares and raised 468.36 million yuan of funds. The opening increase on the first day of listing reached 51.7%, and the opening price was 23.51 yuan per share. The funds raised this time will be used for projects with an annual output of 12,000km of inorganic insulated cables, an annual output of 600km of oil well heating cables, and supplementary working capital.

 

 

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