To build dometic lead enterprise, Hengda New Material Goes Public
Release time
2023-12-04
On 22nd August 2023, Zhejiang Hengda New Material Co., Ltd. was successfully listed on the ShenZhen Stock Exchange's Growth Enterprises Market with the stock code “301469”. The opening price on that day was 65 Chinese Yuan, and at the highest to 71 Chinese Yuan; the closing price was 62.48 Chinese Yuan gained over 70%. Total turnover reached to 1.07 billion Chinese Yuan with the amplitudes of 24.60% and turnover rate 79.39%. In market capitalization terms, Zhejiang Hengda New Material reached 5.59 billion Chinese Yuan.
Since established in 2002, Zhejiang Hengda New Material Co., Ltd. is specializing in the R&D, production and selling of the special paper. With the improvement of the R&D capacity and production technology; as well as the upgrade of the equipment and the keen to deeply ingrained in the field of medical packaging and food packaging, the sales scale of the company is expanded and the competition position is strengthened. The official listing on the GEM marks the new chapter in the development of the capital market.
RELATED NEWS
Hengchuan phase II is basically put into use
Hengchuan New Materials Phase II project is basically put into use with a total investment of more than 54.8 million dollars, including two new packaging paper production lines, with an annual capacity of 50,000 tons.
The Versatile World of Food Packing Paper
In the realm of food packaging, wholesale food packing paper plays a crucial and versatile role.
Hengchuan New Material Company Won Second Prize of National Science and Technology Progress Award
On November 22, Zhejiang Science and Technology Awards Conference was held in Hangzhou.
The Wonders of Aqueous Coating Paper
Aqueous coating paper is a remarkable material that has gained significant importance in various industries.
The Versatile and Essential Silicone Greaseproof Paper
Silicone greaseproof paper is a remarkable material that has become an integral part of various industries and our daily lives.
The Versatile World of Industrial Wrapping Paper
Industrial Wrapping Paper comes in various forms and grades, each designed to meet specific needs. It can be made from different materials such as paper, plastic, or a combination of both.