Xingyuan Zhuomei lists on Shenzhen ChiNext
Xingyuan Zhuomei completed its initial public offering and began trading on the Shenzhen Stock Exchange ChiNext market.
Evidence notes
- Xingyuan Zhuomei shares began trading on ChiNext on December 15, 2022 under stock code 301398.
- The company issued 20 million A-shares at RMB 34.40 per share, implying gross proceeds of RMB 688 million.
- The listing document described Xingyuan as a precision magnesium- and aluminium-alloy die-casting manufacturer serving primarily automotive applications.
Company context
Chinese listed manufacturer of magnesium-alloy and aluminum-alloy precision die-cast products and matching die-casting molds.