Zhejiang Damon Technology Co.,Ltd has completed an IPO in the amount of CNY 538.049048 million.
May 25, 2020 at 09:30 am IST
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Zhejiang Damon Technology Co.,Ltd has completed an IPO in the amount of CNY 538.049048 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 21,419,150
PriceRange: CNY 25.12
Discount Per Security: CNY 3.0144
Transaction Features: Sponsor Backed Offering
Damon Technology Group Co Ltd, formerly Zhejiang Damon Technology Co Ltd, is a China-based company mainly engaged in research, development, design, manufacturing, sales and service of automated logistics conveying and sorting systems, key equipment and its core components. The Company's main products include automated logistics conveyor sorting systems; automated logistics conveyor sorting key equipment, such as box conveyor equipment and pallet conveyor equipment; logistics conveyor sorting core components, such as conveyor rollers. The Company's products are used in e-commerce, express logistics, clothing, medicine, tobacco, new retail, smart manufacturing and other fields. The Company operates its businesses within the domestic market and to overseas markets such as South Korea, Australia, European Union countries, the United States and India.