Xiamen engineering firm lists on GEM
Xiamen Voke Mold and Plastic Engineering Co, an injection molding company, listed on the Growth Enterprise Market (GEM) on Jan 11, becoming the first A-share listed company in Xiamen this year.
The company is the 62nd A-share listed company in Xiamen.
The company issued 31.2 million shares in its initial public offering with 64.08 yuan ($10.09) per share. The funds raised from the public offering will be used for the company's projects such as the intelligent manufacturing project, the high-end intelligent molding technology industrial park project, upgrading and reconstruction of its technology center, and developing its marketing service network.
Established in 2005, Xiamen Voke Mold and Plastic Engineering Co is located in the Xiamen Torch High-tech Zone. The company is engaged in the research and development, design and manufacturing of various injection molds.
The company has formed a product line consisting of precision injection molds, injection parts, and air purifier-based health products, which can provide diversified, one-stop products and services for electronics, automobiles, home, and health appliances consumers.