Home  |  About GZ  |  Directory  |  Contact Us  |  Help Center
Government  |  Residents  |  Visitors  |  Business  
简体版   
City news
Guangzhou metro firm starts trading on Shenzhen Stock Exchange
Update: 2020-10-23     Source: chinadaily.com.cn

Guangzhou Metro Design and Research Institute Co Ltd, a subsidiary of the Guangzhou Metro Group, announces a listing in the Shenzhen Stock Exchange on Thursday. 

Guangzhou Metro Design and Research Institute Co Ltd, a subsidiary of the Guangzhou Metro Group, launched its initial public offering on the Shenzhen Stock Exchange on Thursday, aiming to facilitate its business expansion.

The company, established in 1993 in Guangzhou, the capital of Guangdong province, plans to boost its production capacity and increase its efficiency of information and smart metro control systems by raising 537 million yuan ($80.68 million) through the public listing.

The enterprise, with its strength in cutting-edge technologies, has so far completed design of more than 60 metro lines and over 500 metro stations, covering more than 40 domestic and overseas cities.

The company, which becomes the first listed metro design company in China, realized business revenues of 1.644 billion yuan in 2019, a year-on-year increase of 11.34 percent.

All materials marked with "source: English.gz.gov.cn" on this website (including but not limited to text, photographs, audio and video materials) are the copyrighted property of Guangzhou International (the official website of Guangzhou Municipality). Without prior authorization from Guangzhou International, any media, website, organization or individual shall not transmit, interlink, distribute or republish such materials in any form. Any media and website authorized to republish such materials shall mark them with "source: Guangzhou International (English.gz.gov.cn)". Infringement of these copyrights will result in legal action.

If you find out anything wrong with the information, links and the translation, please offer your comments by selecting the relative content with your mouse and holding "CTRL" and "ENTER" simultaneously. Thank you!
Copyright © 2010 The People`s Government of Guangzhou Municipality.All RightsReserved
Email: gzportal@gz.gov.cn ICP备案号: 粤ICP备2022092331号-1