Huaxing Yuanchuang, a technology company specializing in the development and sale of testing systems and industrial automation control systems, was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board on July 22, 2019. Founded in June 2005, the company's stock code is 688001. With a registered capital of 43,853.677 million yuan, it is led by its legal representative, Chen Wenyuan. This article will provide a detailed overview of the company's listing process and important milestones.
1. 发行上市公告
On July 16, 2019, Huaxing Yuanchuang issued its first public offering of stocks and announced its listing on the Science and Technology Innovation Board. The issuance announcement was accompanied by the company's 2019 interim financial accounting report, which revealed a revenue of 757.35 million yuan, net profit of 489.25 million yuan, and total assets of 402.54 million yuan. This announcement marked an important milestone in Huaxing Yuanchuang's journey towards becoming a publicly listed company.
2. 公司介绍
Huaxing Yuanchuang (Chengdu) Technology Co., Ltd. focuses on the development and sale of testing systems and industrial automation control systems. Their expertise lies in providing quality inspection technical services, excluding import and export goods inspection and identification. The company is headquartered at No. 8 Qingqiu Lane, Suzhou Industrial Park. Since its establishment in 2005, Huaxing Yuanchuang has been dedicated to technological innovation and has built a reputation for delivering high-quality products and services in the field of industrial automation.
3. 股票上市交易所
Huaxing Yuanchuang's stock is listed and traded on the Shanghai Stock Exchange. With the stock code 688001, it became one of the first batch of companies to be listed on the Science and Technology Innovation Board. The board aims to promote the development of China's high-tech industries by providing a platform for innovative companies to raise funds and improve their visibility in the market.
4. 限制性股票激励计划
In order to incentivize and retain employees, Huaxing Yuanchuang announced the implementation of a restricted stock incentive plan in 2020. The plan included the first grant of restricted stocks and the reservation of the first grant period. This move aimed to align the interests of employees with the long-term growth of the company and motivate them to contribute to its success. The implementation of such incentive programs is a common practice among listed companies.
5. 公司调研
In September 2022, Huaxing Yuanchuang conducted a series of institutional investor visits. It received visits from institutions such as Capital Group, providing them with an opportunity to learn more about the company's operations, financial performance, and growth prospects. These visits allow institutional investors to gather first-hand information and make informed investment decisions. The meetings took place at the company's conference room and were attended by key personnel including the board secretary and securities affairs representatives.
6. 资金管理公告
In December 2021, Huaxing Yuanchuang announced its plan to utilize a portion of the idle raised funds for cash management purposes. The announcement stated that the company would use up to 500 million yuan of convertible corporate bond raised funds for this purpose. This strategic decision reflects the company's proactive approach to fund management, ensuring optimal utilization of its resources for business growth and development.
Huaxing Yuanchuang's journey towards listing on the Science and Technology Innovation Board showcases its commitment to technological innovation and market expansion. With a strong focus on the development and sale of testing systems and industrial automation control systems, the company has established a foothold in the industry and has positioned itself as a leading player in the market. Through the implementation of incentive programs and effective fund management strategies, Huaxing Yuanchuang aims to further enhance its competitiveness and drive sustainable growth in the future.