Hengda New Materials Co.,Ltd has completed an IPO in the amount of CNY 490.9315 million.
February 01, 2021 at 10:30 am IST
Share
Hengda New Materials (Fujian) Co.,Ltd has completed an IPO in the amount of CNY 490.9315 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 16,670,000
PriceRange: CNY 29.45
Hengda New Materials Fujian Co Ltd is a China-based company mainly engaged in the research and development, production and sales of metal cutting tools, intelligent computer numerical control (CNC) equipment and rolling functional components. The metal cutting tools include die cutting tools and sawing tools. The intelligent CNC equipment mainly includes CNC fully automatic circular saw machines, flexible material intelligent cutting machines and high-speed CNC band saws. The rolling functional components are mainly linear guide pairs. The Companyâs products are mainly used in domestic industrial robots, military equipment, nuclear power equipment, aerospace, rail transportation, high-end medical and other fields. The Company mainly operates in the domestic market.
HENGERDA NEW MATERIALS (FUJIAN) CO., LTD. 
