CITIC Heavy Industries was listed on the Shanghai

CITIC Heavy Industry is listed on the Shanghai Stock Exchange today

CITIC Heavy Industry is listed on the Shanghai Stock Exchange today

China Construction machinery information

Guide: today, the A-share shares of CITIC Heavy Industry Machinery Co., Ltd. (hereinafter referred to as CITIC Heavy Industry) will be listed and traded on the Shanghai Stock Exchange. CITIC Heavy Industries' A-share stock is abbreviated to CITIC Heavy Industries, with the stock code of 601608. The issue raised 3.199 billion yuan, with an issue price of 4.67 per share

today, the A-share shares of CITIC Heavy Industry Machinery Co., Ltd. (hereinafter referred to as CITIC Heavy Industry) will be listed and traded on the Shanghai Stock Exchange. CITIC Heavy Industry's A-share over quota completion of jade adult target stock is referred to as "CITIC Heavy Industry", with the stock code of "601608". The capital raised in this offering is 3.199 billion yuan, and the issue price per share is 4.67 yuan

CITIC Heavy Industries is the largest IPO (initial public offerings, or "initial public offerings") held in China's A-share main board market since this year. It is the first stock to be issued according to the new rules after the issuance of new shares, and the first stock to be issued on Luoyang's A-share main board

insiders pointed out that the successful listing of CITIC Heavy Industry in the domestic capital market not only conforms to its own strategic development interests and the interests of all shareholders, but also effectively improves the proportion of China's heavy-duty high-end manufacturing sector in the overall slack market, further reflects the investment value of relevant sectors, and makes the market structure more reasonable

at the same time, CITIC Heavy Industries' A-share listing also adds a new force to CITIC's listed companies, which is conducive to enhancing the strength and sustainable development of CITIC's industrial sector

as the leader of cutting-edge technology in China's heavy equipment manufacturing industry, CITIC heavy industry owns the State Key Laboratory of mining heavy equipment, ranking third among 729 national recognized enterprise technology centers. It has invested 5% - 7% of its sales revenue in technology research and development for many consecutive years, won a number of scientific and technological awards and more than 200 technical patents, and the contribution rate of new products has remained above 70% for many years. The complete set of cement projects, complete sets of activated lime projects, slag and steel slag treatment projects, complete sets of pure low-temperature waste heat power generation projects, complete sets of pellet sintering equipment, comprehensive utilization of dry quenching waste heat, cement kiln waste disposal project, lignite upgrading technology and equipment developed by CITIC Heavy Industry can be called revolutionary green projects for energy conservation and emission reduction in the industrial field

CITIC Heavy Industry has opened up the road of counter cyclical development of high-end heavy equipment manufacturing enterprises. On the stage of international competition and cooperation, it will innovate and build the target business model of "core manufacturing + complete services" and the "Tianping" value chain model with core manufacturing as the support and R & D and service as both ends, which will strongly build a high-quality blue chip listed company with the most strength and investment value in China's capital market