Yantai Minshida's listing ceremony was held in Beijing
On October 21, 2015, the bell-ringing ceremony for the listing of Yantai Minshida Special Paper Co., Ltd. was held in Beijing. Mr. Sun Maojian, chairman of the company, led the team to participate in the listing ceremony.
The bell-ringing ceremony for the listing was a special bell-ringing ceremony for the listing of enterprises in the development zone organized by the Financial Office of Yantai Economic and Technological Development Zone. Six companies from the development zone participated in the listing ceremony. Wang Xiaohan, Deputy Mayor of Yantai Municipal People's Government, Yu Ling, member of the Industrial Committee of Yantai Economic and Technological Development Zone and Deputy Director of the Management Committee, and leaders and guests of financial offices at all levels attended the listing ceremony.
Minshida Company was established in May 2009, specializing in the research and development, production and sales of aramid paper and its derivatives. It is the first and largest leading manufacturer of aramid paper in China.The company has a complete set of aramid paper production technology and equipment with independent intellectual property rights, which has broken the exclusive global monopoly of foreign giants in this field for more than 40 years, and also made China the second country in the world to be able to produce aramid paper. Country.At present, the company's products have been widely used in electrical insulation, aerospace and advanced rail transit fields, and have been applied and recognized by more than 200 customers at home and abroad.On September 9, 2015, the company's shares were listed and traded in the national SME share transfer system. The company's shares are referred to as “Minshida” and the code is “833394”.
Mr. Sun Maojian, chairman of the company, made a guest speech on behalf of Minshida at the listing ceremony. Chairman Sun said：
The growth history of Minshida Company is the growth history of China's high-end aramid paper manufacturing industry from scratch and from small to large.Over the past 6 years, the company has always adhered to the road of independent innovation, successfully broke the monopoly of international giants, filled a number of domestic gaps, and became a leading enterprise in the domestic aramid paper industry; always adhere to the market-oriented, benefit-centered; always adhere to the business purpose of creating value for users, while providing more competitive aramid paper products for the global electrical industry, aerospace industry and modern rail transit, it has achieved a simultaneous leap in profitability, with a net profit growth rate of more than 35% for four consecutive years.
The New Third Board is a beautiful landscape in China's capital market. Listing on the New Third Board is an important milestone in the history of Minshida's development.The company will take this as an opportunity to standardize its operations and operate scientifically, explore and innovate with the stock transfer system, feast and dance together, and create brilliance again.