On the morning of the 29th, Anhui Guqi Down & Feather Textile Co., Ltd., located in Nanling County, Wuhu City, made its initial public offering (IPO) on the main board of the Shenzhen Stock Exchange, becoming the fifth domestic listed company from Anhui this year. Guqi Down & Feather Textile is a high-tech enterprise specializing in the research and production of down materials, with products mainly used in clothing, bedding, and other fields. Its listing on the capital market will help accelerate product development and expand production capacity.

Xie Yucheng, Chairman of Anhui Guqi Down & Feather Textile Co., Ltd., stated: “We at Guqi Down & Feather Textile have finally realized our dream of entering the capital market. This is not only recognition of our past efforts but also a motivation for the future. We will seize this hard-won opportunity to create greater value.”

Since the beginning of this year, Anhui has seen new listings including Geovis and Conch Materials. To date, the total number of overseas listed companies from the province has reached 27, while the total number of domestic listed companies stands at 186, ranking 7th nationwide. Seizing opportunities in the capital market, Anhui is vigorously promoting special training programs for capital market business among tens of thousands of enterprises and accelerating the implementation of the “Guest-Greeting Pine Plan” for enterprise listings. At the same time, it actively leverages the specialized board functions of regional equity markets for “specialized and sophisticated small and medium-sized enterprises that produce novel and unique products”, providing listing guidance and incubation services for technology-based SMEs.

By the end of April, the provincial regional equity market had a total of 10,952 listed enterprises, with financing services amounting to 137.27 billion yuan for these listed companies. Meanwhile, the province has provided training to more than 110,000 enterprises, covering over 70% of provincial high-tech enterprises and provincial-level specialized and sophisticated SMEs that produce novel and unique products, achieving full training coverage of enterprises in the provincial-level post-listing resource pool.

Ge Chenhao, Head of the China Region at the New York Stock Exchange, said: “Anhui’s overall economic development is excellent, and the government’s proactive efforts are clearly visible. The achievements in listing work are remarkable, and there is a strong pool of reserve enterprises for listings. We hope to leverage our brand advantages and services to help more Chinese companies access overseas capital markets.”

Source: Anhui News