Minshida is listed on the new Third Board
On September 9, 2015, the company's shares were listed on the New Third Board for trading. The securities were referred to as “Minshida” and the stock code was “833394”. The transaction method was transfer by agreement.The company's main business is the manufacture and sales of aramid paper and its derivative products, with a total share capital of 100 million shares. As of the end of 2014, the company's net assets per share were 1.90 yuan and earnings per share were 0.15 yuan.
Landing on the New Third Board is conducive to further improving the corporate governance structure, standardizing the company's operations, increasing financing channels, and creating conditions for the company's future capital operations, thereby realizing the company's transformation from a closed company to a public company; it is also conducive to enhancing the company's and Minshida's brand awareness, more effectively exploring the market, and further enhancing the company's comprehensive competitiveness and market influence.