Fenghua Kyushu, Peng Chenli | warmly celebrate Jiangsu Huachen listed on the main board of the Shanghai Stock Exchange!

On May 12, 2022, Jiangsu Huachen Transformer Co., Ltd. held A public offering A-share listing ceremony to celebrate Jiangsu Huachen's successful landing on the main board of the Shanghai Stock Exchange. Xuzhou Municipal Party Committee Secretary Song Lewei, Xuzhou Municipal Party Committee Deputy Secretary and Mayor Wang Jianfeng, Xuzhou Municipal Party Committee Standing Committee and Executive Vice Mayor Zhang Tong, Xuzhou Municipal Party Committee Standing Committee and Secretary-General Wang Xianzheng, Xuzhou Municipal Party Committee Deputy Mayor, Tongshan District Party Committee Secretary, Xuzhou High-tech Zone Party Working Committee Secretary Gong Weifang, Xuzhou Municipal Government Secretary Zhou Tianwen, Xuzhou Municipal Government Deputy Secretary-General Zhang Zhichang, Xuzhou Municipal Government Deputy Secretary-General Fan Quanhui, Xuzhou Municipal Government Deputy Secretary-General, Sun Xiuyun, Director of Xuzhou Local Financial Supervision Bureau, Wang Hao, Director of Xuzhou Development and Reform Commission, Bao Bin, Director of Xuzhou Science and Technology Bureau, Zhang Changying, Director of Xuzhou Industrial Information Bureau, Xiao Qinghong, Director of Xuzhou Finance Bureau, Liu Huibo, General Manager of Xuzhou Power Supply Company, Gao Jianmin, Governor of Tongshan District and Director of Xuzhou High-tech Zone Management Committee, Xu Hailey, Standing Committee Member of Tongshan District Party Committee and Executive Deputy Governor of Tongshan District, Dai Lei, Standing Committee Member of Tongshan District Party Committee and Executive Deputy Director of Xuzhou High-tech Zone Management Committee; Sun Xiaoqiang, Deputy director of Xuzhou High-tech Zone Management Committee; Li Zheng, Standing Committee Member of Jiawang District Committee and Executive Deputy Director of Jiawang District Committee; Zhang Xiaojin, Chairman and general manager of Jiangsu Huachen; Qian Liyan, managing director of Investment Bank of Yongxing Securities; leaders of Xuzhou listed enterprises; Representatives of Jiangsu Huachen cooperative enterprises, financial institutions and other guests attended the "Gong opening" ceremony.

Mr. Wang Jianfeng, Deputy Secretary of Xuzhou Municipal Committee and Mayor, presided over the listing ceremony. He said that the successful listing of Jiangsu Huachen is not only a major event for Jiangsu Huachen, but also an important thing for the high-quality development of Xuzhou market, marking that Xuzhou enterprise listing "Pengcheng plan" has achieved important results, Jiangsu Huachen's successful listing has brought a demonstration effect for more Xuzhou enterprises to go public, and has played a good "catalytic" role in promoting the development of Xuzhou City. And expressed sincere congratulations to Jiangsu Huachen.

Mr. Zhang Xiaojin, Chairman of Jiangsu Huachen, delivered an important speech at the listing ceremony. He first expressed sincere thanks to the leaders and guests who attended the listing ceremony. He said that Jiangsu Huachen was able to go public successfully thanks to the good business environment of Xuzhou market. Inseparable from the care and support of the Party and government leadership, inseparable from the hard work of listed counseling institutions, inseparable from the help of people from all walks of life, inseparable from the trust and cooperation of the majority of upstream and downstream customers. Mr. Zhang Xiaojin also said: Jiangsu Huachen abide by the original heart, careful to the beginning, for the development of green power manufacturing, out of a sustainable development path. The successful listing is an important leap in the development history of Jiangsu Huachen, a new historical opportunity, and a responsibility. In the future, we will base on a new starting point, and then climb a new peak, continue to optimize products, constantly improve technological innovation and research and development capabilities and production management level, and accelerate the transformation to a modern intelligent manufacturing enterprise.

Mr. Lu Xiongying, Deputy director of the market Development Department of the Shanghai Stock Exchange, sent a video congratulation. On behalf of the Shanghai Stock Exchange, he expressed warm congratulations to Jiangsu Huachen on its successful listing on the main board of the Shanghai Stock Exchange, and hoped that Jiangsu Huachen could take the listing as an opportunity to make use of the capital market to become bigger and stronger, and give back to the society and the market with excellent performance.

Ms. Qian Liyan, managing director of Yongxing Securities Investment Bank, delivered a speech on behalf of the sponsor. As the sponsor of Jiangsu Huachen (the main underwriter), she said that she was very honored to experience the whole process of issuing and listing together with Jiangsu Huachen, witnessed the continuous and stable development and better strategic vision of Jiangsu Huachen, and was full of confidence in the future development of Jiangsu Huachen. And Jiangsu Huachen successfully landed on the main board of the Shanghai Stock Exchange expressed heartfelt congratulations.

Mr. Song Lewei, Secretary of Xuzhou Municipal Party Committee, concluded his speech. He said that he was very happy to witness this historic moment with everyone, and on behalf of the Xuzhou Municipal Party Committee and the municipal government, he expressed sincere congratulations to Jiangsu Huachen successfully listed on the main board of the Shanghai Stock Exchange. He said: Jiangsu Huachen is a local excellent enterprise in Xuzhou, adhering to the "integrity is the root, innovation is the soul, hard work, unity and cooperation, create brilliant" corporate values have been developed so far, has been widely praised by the industry, has been fully recognized by the market. It is hoped that Jiangsu Huachen will take this listing as a new starting point, forge ahead, climb the peak, deepen the domestic, look at the world, constantly improve the development realm and pattern vision, continue to enhance the innovation ability and the core competitiveness of enterprises, and reward investors and society with better performance.

Jiangsu Huachen Transformer Co., Ltd. has been deeply engaged in the transmission and distribution and control equipment industry for more than ten years, mainly engaged in the research and development, production and sales of transmission and distribution and control equipment. The main products include dry transformers, oil-immersed transformers, box-type substations and complete sets of electrical equipment. As an important part of the power system, transmission and distribution and control equipment is widely used in power grid, new energy (wind, light, storage), rail transit, electric vehicle charging pile, industrial manufacturing, infrastructure, real estate construction and other industries. The company has participated in the formulation of a number of standards and industry standards, and is a high-tech enterprise, Jiangsu Province post-doctoral innovation practice base, and Jiangsu Province recognized enterprise technology center. Up to now, the company and its subsidiaries have 101 patents, including 6 invention patents, 95 utility model patents, and 2 computer software works. In 2020, SCB14 dry distribution transformer won the title of "Jiangsu Quality" by China Quality Certification Center; The company SCB13-500/10 series dry type transformer and other 18 models of products won the Jiangsu Provincial Science and Technology Department "high-tech product certification"; The company's 11 models of dry transformers such as SCB-1000/10-NX2 and 9 models of oil-immersed transformers such as S-M-1000/10-NX2 were selected into the promotion catalogue of energy-saving distribution transformers of energy-saving products Huimin Project of the National Development and Reform Commission, the Ministry of Finance and the Ministry of Industry and Information Technology. Jiangsu Huachen will take this landing in the capital market as an opportunity, firmly grasp the historical opportunity, further forge ahead, and strive towards the vision of an efficient and energy-saving electrical manufacturer and technology application solution provider. We will fulfill our mission, assume the social responsibility of public enterprises, and build Jiangsu Huachen into an excellent listed enterprise with sustainable growth ability.