Ningbo TIP Rubber Technology Co., Ltd has completed an IPO in the amount of CNY 424.3632 million.
August 19, 2020 at 09:30 am IST
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Ningbo TIP Rubber Technology Co., Ltd has completed an IPO in the amount of CNY 424.3632 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 33,520,000
PriceRange: CNY 12.66
Ningbo Tip Rubber Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of automotive polymer fluid piping systems and sealing system parts and assemblies. The Company provides rubber hoses and assembly products for automobile manufacturers and their first-tier suppliers. The Company's products are divided into five categories: automotive engine systems and parts, body systems and parts, chassis systems and parts, electrical and electronic equipment and general parts, including radiator tubes, turbocharger hoses, crankcase ventilation system, oil cooling pipe, vacuum solenoid valve pipe, automobile fuel system hose and assembly, automobile air conditioning system hose and assembly, automobile power steering system hose and assembly, other body accessory system hoses, sealing tape, dustproof and shock absorbers, etc. The Company operates its businesses within the domestic market and to overseas markets.