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It was the first company in Zeguo, Wenling approved to be listed on the “National Equities Exchange and Quotations”

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It was the first company in Zeguo, Wenling approved to be listed on the “National Equities Exchange and Quotations”

 
(Reported by Chen Shudan) On May 8, Zhejiang Shuangsen Metal Technology Co., Ltd. was officially listed in the Share Transfer System for the SME of China. It was the first company in Zeguo, Wenling approved to be listed on the “National Equities Exchange and Quotations”, and also the second company in the city listed on the “National Equities Exchange and Quotations” after Zomax Tool. At present, China's capital market consists of two parts: the on-field market and the OTC market. Among them, the on-field market includes the main board market (including SME board) and the GEM (commonly known as the “second board”) with the Shenzhen Stock Exchange as the core. The OTC market includes the national SME share transfer system (commonly known as the “NEEQ”), the regional equity trading market, and the counter market dominated by securities companies. On April 8, 2014, in response to the “NEEQ”, our city has successively issued Several Opinions of Wenling Municipal People's Government on Supporting Direct Financing Development of Enterprises and The Notice on Printing and Issuing the Market Five-Year Action Plan (2014-2018) by Wenling Municipal People's Government Office to Advance Enterprises to Enter Multi-level Capital Market, and issued a number of support policies, to deepen the company's share reform, dock the multi-level capital markets, and guide enterprises to use the capital market to conduct direct financing, so as to promote the enterprise transformation and upgrading. Zhejiang Shuangsen Metal Technology Co., Ltd. (Abbr. of stock name: "Shuangsen Shares", the stock code: 832213) specializes in the stainless steel pipes, and serves many industries including the water pump, mechanical structure, sanitary ware, automobile exhaust pipe and waterway engineering. It is committed to the research and development of higher precision and higher quality products. It is aimed to leading the industry, and having passed the ISO9001 quality management system certification and established SA8000 social responsibility management system. It is a science and technology enterprise in Zhejiang Province, and a contract-honoring and trustworthy enterprise in Zhejiang Province. The products are exported to Southeast Asia, Europe and America. The "NEEQ" is known as the "Nasdaq" of China and is a great opportunity for SMEs to enter the capital market to become bigger and stronger. Zhejiang Shuangsen Metal Technology Co., Ltd. entered the “NEEQ” and issued shares, which will help for further standardization, promote enterprises to use the capital market, improve corporate governance, enhance corporate brand, improve scientific research to a higher level, enhance the cohesiveness of talents, and promote better and faster development of the enterprise. The person in charge of the Zeguo Town Economic Development Office said: “This time I went to Beijing to list our company. The leaders of three companies Green Industrial, Wanyuan Ecology, and EDON Electromechanical Co., Ltd. also came to observe the main process of listing and NEEQ. In the next stage, Wanyuan Ecology is also expected to be listed in NIEEQ. Edited by: Chen Shudan