CREDIT (831689) successfully held an online roadshow for the public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange
Release time:
2022-03-06 11:03
Source:
On March 4, 2022, Wei Hai CreditFan Ventilator Co., Ltd. (hereinafter referred to as CREDIT) (stock code: 831689) successfully held an online roadshow for its public offering of shares to specific qualified investors on the Beijing Stock Exchange at the Panorama Blue Sea High-end Roadshow Center. Key company leaders, including Mr. Sheng Junling (Director and General Manager), Mr. Wang Xin (Director and Deputy General Manager), Ms. Zhang Kaifang (Director and Secretary of the Board), Ms. Zheng Meijuan (Chief Financial Officer), and Mr. Sun Lingwei (Information Director and Securities Affairs Representative), along with Mr. Kong Huihuan and Mr. Ai Wei, the sponsors' representatives from Southwest Securities (the sponsor and underwriter), attended the roadshow and engaged in real-time online exchanges with investors.
In his introductory remarks, Mr. Sheng Junling, Director and General Manager, stated that CREDIT focuses on high-end customized ventilators, ventilation and cooling systems, and other ventilation and air treatment system equipment. The company has been recognized as a national-level specialized and new “small giant” enterprise by the Ministry of Industry and Information Technology and a Shandong Provincial Manufacturing Industry Single Champion Enterprise. Since its establishment in 2001, the company has been committed to the research and development of ventilation and cooling products, continuously improving product quality, and achieving customized ventilation and cooling products with high reliability, high efficiency, low noise, and lightweight as its core competitive advantages, meeting the diverse needs of various customers in multiple industries.
Mr. Sheng Junling further explained that the company's main customers are large, well-known enterprises in industries such as rail transit, new energy, and shipbuilding and offshore engineering, and maintains long-term and stable cooperative relationships with these key customers. This public offering and listing on the Beijing Stock Exchange, from the application acceptance on November 9 last year to the approval of the meeting on January 28 this year, took only 81 days, setting a new speed record for the Beijing Stock Exchange. With the successful public offering and listing on the Beijing Stock Exchange, the company will also turn a new chapter in its development history.
In response to investor questions, Mr. Wang Xin, Director and Deputy General Manager of CREDIT, stated that the company has always adhered to the development concept of independent research and development and technological innovation. After nearly 20 years of production practice and technological accumulation, the company has established a mature R&D process and strong R&D capabilities. The company highlights four product advantages and has established a core technology system based on these advantages, including ternary flow high-efficiency fan technology based on industry application scenarios, low-noise fan technology based on turbulence control, systematic solutions for power system environmental control, systematic solutions for the reliability of rotating parts of heavy equipment, and lightweight technology for mobile equipment cooling fans.
The online subscription period for this offering is March 7, 2022, with an issue price of RMB 10.80 per share. The company plans to list on the Beijing Stock Exchange.
In the future, with the further development of China's new energy industry, the demand for ventilation and cooling products in the new energy field will further increase. On the other hand, the product demand of downstream industry customers is tending towards the integration of ventilation and cooling systems. In response to the development trends of the times and the industry, the company is seizing market opportunities and promoting the expansion from single fan product supporting to providing ventilation and cooling system solutions and follow-up services, effectively meeting the ever-increasing needs of customers. The company continuously develops and improves its research and development design, manufacturing processes, and customer development, creating favorable conditions for seizing industry development opportunities.
Details can be found at the following link:
https://rs.p5w.net/html/131214.shtml
Related news
According to Article 11(1) of the Announcement on the Issuance of the Provisional Measures for the Acceptance of Environmental Protection upon Completion of Construction Projects (Guohuan Guihuanping [2017] No. 4), "Environmental protection facilities supporting the construction project shall be completed after the completion of the construction project
CREDIT wins two prestigious Golden Bull Awards from a publicly listed company
On November 23, the "Advanced Manufacturing and New Productivity - 2023 China Listed Companies High-Quality Development Forum and the 25th Golden Bull Award Ceremony for Listed Companies," hosted by the China Securities Journal, was successfully held.
Wei Hai CreditFan Ventilator Co., Ltd
Follow us
Mobile Website
WeChat Official Account
