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When will Xinling Electric be listed on the market?

Xinling Electric disclosed a listing announcement on the evening of November 7. The company’s shares will be listed on the GEM of the Shenzhen Stock Exchange on November 9, 2022.

Xinling Electric Co., Ltd. is a non-regional joint-stock enterprise integrating scientific research, development, production and sales. It is located at No. 328, Weijiu Road, Yueqing Economic Development Zone, Yueqing City, Wenzhou City, Zhejiang Province. On September 21, 2022, the official website of the China Securities Regulatory Commission announced that the China Securities Regulatory Commission approved the registration application of Xinling Electric Co., Ltd. for the initial public offering of shares and listing on the GEM.

From January to June 2022, Xinling Electric’s operating income composition is as follows: small relays account for 34.89, dual power automatic transfer switches account for 10.37, control and protection switches account for 8.91, and solid relays account for 7.29, sensor ratio 4.72.

Xinling Electric’s main brands:

Xinling Electric is mainly engaged in the research and development, production and sales of low-voltage electrical products. At present, the company mainly owns three brands: "Xinling", "Xinda" and "Leighton", among which the "Xinling" trademark is a well-known trademark in China.

The company has a product system with tens of thousands of varieties and specifications in six categories including relays, power distribution control, electrical transmission and control, instrumentation, sensors, and switches. The products are mainly used in industrial control and applications. The fields include machinery manufacturing, real estate, home appliances, fire protection, electric power, communications and other industries.

The company is committed to independent research and development of core technologies for low-voltage electrical appliances. Its quality system has been in line with international standards and has passed ISO9001:2015, ISO14001:2015 and ISO45001:2018 certification. Its products have obtained CCC, CE, UL, T?V Waiting for international certification.