Kangping Technology and Hui Chuang Da to list on SZSE

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The FINANCIAL — Kangping Technology and Hui Chuang Da will land on ChiNext Board on November 18, 2020.

Kangping Technology is publicly offering 24 million shares, including 24 million IPO shares offered at 14.3 yuan per share and raising funds of 343 million yuan. The post-public-offering share capital of Kangping Technology is 96 million in total. Kangping Technology (Suzhou) Co., Ltd. principally engages in research and development, design, production and sale of motors for power tools, complete power tools and related spare parts. In 2019, its operating income reached 606 million yuan with the net profit of 51.1944 million yuan.

Hui Chuang Da is publicly offering 25.226666 million shares, including 25.226666 million IPO shares offered at 29.57 yuan per share and raising funds of 746 million yuan. The post-public-offering share capital of Hui Chuang Da is 100.906663 million in total. Shenzhen Hui Chuang Da Technology Co., Ltd. principally engages in research and development, design, production and sale of light guide structural parts and components, and precision key switch structural parts and components. In 2019, its operating income reached 407 million yuan with the net profit of 79.5544 million yuan.

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