Fenglong to List on the SZSE

date: 2018-4-3

Fenglong (Stock Code: 002931) will land on the SME board on April 03, 2018.

 

Fenglong is publicly offering 22.22 million shares, including 22.22 million IPO shares offered at 12.36 yuan per share and raising funds of 275 million yuan, and 0 share transferred by the existing shareholders at 0 yuan. The post-public-offering share capital of Fenglong is 88.88 million in total. Zhejiang Fenglong Electric Co., Ltd. principally engages in research and development, production and sales of garden machinery parts and auto parts. In 2017, its operating income reached 313 million yuan with the net profit of 47.8109 million yuan.