Warmly celebrate the successful listing of Bangde!

Release time:

2023-05-09 09:38

On June 2, Weihai Bangde Cooling System Co., Ltd (stock abbreviation: Bangde Stock, stock code: 838171) successfully listed on the Beijing Stock Exchange. The company issued 20.25 million shares at an issue price of RMB 7, with a P/E ratio of 24.14 times and raised about 140 million yuan.

Wu Guoliang, chairman of the company, said at the listing ceremony that the listing of Bangde has opened a new chapter in the strategic development of the company, and that the company will work harder in the future, continue to adhere to the vision of becoming a globally famous supplier of heat dissipation, further expand its market share and influence, continuously improve and consolidate the company's leading position in the industry, and strive for better performance to return to society, investors, leaders at all levels and the care and support of friends from all walks of life.

(Wu Guoliang, Chairman of Bangde)

Bangde is a high-tech enterprise focusing on the research and development, production, and sales of heat exchanger-related products. Its main products include parallel flow condensers, parallel flow oil coolers and other series, covering more than two thousand types of product models, which are widely used in automotive cooling systems and other heat exchange fields. Through years of industry accumulation and market development, the company has grown into a well-known enterprise in the field of condensers for the global automotive aftermarket. At the same time, as a company with continuous improvement of design and innovation ability, Bangde has been awarded with more than ten honors and qualifications including "Specialized and New" small and medium-sized enterprises in Weihai City, "National High-tech Enterprise", "Provincial Enterprise Technology Center of Shandong Province", etc.

Bangde Company has become a world-renowned professional manufacturer of condensers.