[Real Time] Shangyu was born and the 12th domestic listed company Tao Guanfeng attended the opening ceremony

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On the morning of March 13th, Kang Longda opened its stock market on the Shanghai Stock Exchange, opened its first show limit, and ushered in a successful start for the Shangyu company to enter the capital market this year.

Shangguan District Party Committee Secretary Tao Guanfeng, District People’s Congress Standing Committee Chairman Chen Jian, and Deputy District Governor Wang Yongbiao attended the initial listing ceremony.

Kang Longda is the 12th domestic listed company in the “Capital Market” of the capital market and the 5th listed company on the Shanghai Stock Exchange. The number of initial public offerings is 25 million shares and the issue price is 21.40 yuan per share. On the first day of listing, Kanglongda opened at 25.68 yuan, and during the bidding phase, Kang Longda opened a 20% higher top, and continued to bid for a period of 44%. It reached the limit of the first day of listing, and closed at the highest price of 30.82 yuan a day.

Tao Guanfeng expressed his congratulations on the successful listing of Kanglongda on behalf of the district committee and the district government. He said in his speech that Kanglongda is one of the outstanding representatives of the "hidden champion" of science and technology in Shangyu District and has become a leader in the domestic protective gloves industry. The successful landing of the capital market is not only a milestone and a new starting point for the development of the company, but also indicates that the capital market “shangyu plate” has injected new talents and will inevitably bring new opportunities for the future development of the company and inject new impetus into transformation and upgrading. It is hoped that Kanglongda will take the listing as an opportunity to further give full play to the heroic feelings in the entrepreneurial journey, actively explore and innovate, continuously improve the management level and market competitiveness, and keep on climbing the new heights at a new starting point to reward society and investors with better performance. It will make new and greater contributions to Shangyu’s construction of “a district of innovation and a city of quality”.

Looks very ordinary gloves, Kang Longda committed to doing fine and strong for 17 years, is committed to providing customers with a full range of hand labor protection solutions, has become a special field of protection has a core competitiveness of high-tech enterprises, with inventions There are 8 patents and 36 utility model patents. In the field of functional protective gloves, Conanda is an important supplier in the global market, producing wear-resistant gloves, cut-resistant gloves, tear-resistant gloves, impact-resistant gloves, chemical-resistant gloves, anti-static gloves, heat-resistant and cold-resistant gloves, etc. , Mainly exported to Europe, the United States, Japan and other overseas markets, widely used in construction, power, electronics, automotive, machinery manufacturing, metallurgy, petrochemical, mining and other industries.

It is reported that functional protective gloves have a stable and broad market prospect. After integrating into the capital market, Kanglongda plans to raise funds to produce 10.5 million special labor protective gloves and 3 million special dipping gloves. The core handicraft project greatly enhances and consolidates the company's competitive advantage and market position in the industry.

Mr. Zhang Jianfang, chairman of Kanglongda, said that in order to start a new journey, we must strive to become a global leader in the development, production, and sales of hand protection products, and to provide research and development for hand protection solutions for large companies and important industry segments. Business, to become a hand-guard product procurement, storage, distribution, use of statistical analysis, improved investigation, recycling and use of one-stop service providers, to return customers with higher cost-effective products and services, in order to return more stable operating returns to society investor.

The person in charge of the Shangyu District Finance Office stated that the successful listing of Kanglongda set a benchmark for other companies to enter the capital market this year. In 2017, the listing of Shangyu enterprises will usher in a bumper year. Zhejiang Yangfan New Material Co., Ltd. will be publicly issued soon, with 7 auditing and counseling reports and 4 approved “new three boards”.

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