Source: Zhejiang News official website
On September 1, Yoantion Industrial INC Ltd. officially rang the bell for its IPO on the Shenzhen Stock Exchange's Growth Enterprise Market (GEM), becoming the fourth company from Xinchang County to go public this year, and the 14th listed company in the "Xinchang sector" of the capital market. County Chief Officer Huang Xurong and Qiu Wuhong attended the listing ceremony.
"3, 2, 1, ring!" At 9:25 a.m., county leaders Huang Xurong, Qiu Wuhong, and Yoantion Industrial representatives together rang the opening bell. The stock, listed as "N Yoantion," opened at 39.93 yuan, with a price increase of 236.39%, drawing applause from the attendees.
In his speech at the listing ceremony, Huang Xurong noted that Xinchang thrives on innovation and prospers through reform. In recent years, Xinchang has steadfastly followed a path of "industrial development, ecological prosperity, and innovation strength." The real economy has grown, the investment environment has been consistently optimized, and capital market development has gained significant momentum, showing impressive results. From the end of last year to the beginning of this year, five high-tech companies from Xinchang were listed within a span of 60 days. Currently, the county's listed companies have a combined market value exceeding 260 billion yuan, with the number of listed companies per capita and the per capita market value of listed companies ranking among the highest in the country. Yoantion Industrial will use this listing as an opportunity to leverage the capital platform, integrate various resources, continuously enhance its core competitiveness, and strive to become a leader in high-end dyeing and finishing equipment.
Founded in 2010, Yoantion Industrial Co., Ltd. focuses on textile machinery, dyeing machinery, and mechanical parts. From its establishment, the company has focused on the mid-to-high-end domestic market, relying on a professional technical team and advanced manufacturing equipment to establish its brand. Over the years, Yoantion Industrial has developed strong capabilities in product research and design. It is recognized as a high-tech enterprise at the national level, and its R&D center has been acknowledged by the Zhejiang Provincial Department of Science and Technology. Additionally, Yoantion Industrial holds numerous patents and has been recognized for several key innovations and technological advancements in the industry. The company continues to undertake significant projects that contribute to its growth and leadership in the market.