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Two technology firms listed

2013-08-10 14:13

Etong Technology (430258) and Lianneng Environmental Technologies (430278) were recently listed at the stock transfer system for small and medium-sized enterprises, following Jianzhong Medical Packaging (430214).

Shanghai Etong Technology Co Ltd, a hi-tech developer of intelligent integration of building systems and intelligent control systems, provides intelligent designs of building systems, industrial automation, application software and embedded software, network products, e-commerce and information services.

“Its earnings increased by 80 percent in 2012 compared to the previous year,” said an Etong senior manager.

Shanghai Lianneng Environmental Technologies Co Ltd, an enterprise which develops and manufactures mechanical, electrical and steam integrations, holds a production and inspection line to manufacture car seat belts, air bags and tail gas exhaust systems.

Its customers consist of wholly-funded ventures by top 500 multinational companies and joint ventures with them, said a senior manager from Lianneng, adding that its revenue in 2012 rose by 37 percent compared with 2011.

Its four enterprises were listed at the city’s over-the-counter market in 2012 with the help of Caohejing Service Office for Listed Enterprises and Caohejing Innovation & Entrepreneurship Center.

Of them, Shanghai Yoolink Network Technology Inc has succeeded in getting funds for its expansion from the stock market. Shanghai IPD Software Co Ltd was also listed in August after it was reorganized.

To date, 38 enterprises at Caohejing have been listed at the domestic and overseas capital market and 57 ones are waiting to be listed.

“Eight of them will become the first batch to be listed,” said a senior manager from Caohejing Hi-Tech Park Development Corporation.

 

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