On April 14, the announcement of the results of the 20th review meeting of the municipal Party committee in 2022 on the gem showed that the 20th review meeting of the GEM Listing Committee in 2022 was held on April 14, 2022, and Zhengzhou Zhongzhi Technology Co., Ltd. (IPO) met the issuance conditions, listing conditions and information disclosure requirements. It is reported that Zhengzhou Zhongzhi technology is the fifth company to attend the conference in Henan this year (the top four are Sinosteel luonai, Tianli lithium energy, Kaixue cold chain and Kechuang new materials).
Since its establishment, Zhengzhou Zhongzhi technology has been engaged in the R & D, production, sales and service of relevant automation products such as internal combustion generator set automatic control system and low-voltage distribution automatic control system. It is an earlier R & D and manufacturing enterprise specializing in this field in China and an earlier enterprise in China to launch modular control. The internal combustion generator set controller, dual power automatic switching controller and other products developed and produced by the company have been highly praised by customers with reliable quality, rich functions and moderate price. Their share in the controller market has gradually expanded, and have become one of the leading enterprises in the industry. The company plans to publicly issue no more than 29.084 million RMB common shares (A shares). After deducting the issuance expenses, the fund-raising plans to invest in the construction project of Zhongzhi science and Technology Industrial Park, the construction project of Zhongzhi science and technology R & D and testing center and supplement working capital.
The company has established long-term cooperative relations with most downstream enterprises in the industry, including Weichai, Yuchai, Cummins, Shanghai Cooltech Power Co.Ltd(300153) , Tellhow Sci-Tech Co.Ltd(600590) , Shoufan Power Technology Co., Ltd., Shandong Huali electromechanical Co., Ltd., Fujian Yihua Motor Co., Ltd., Beijing shouchai Technology Co., Ltd., Shandong saiwatt Power Equipment Co., Ltd., Shandong Saima Power Technology Co., Ltd Weier Laide power equipment (Shanghai) Co., Ltd. and other listed companies or well-known enterprises in the industry. High quality and long-term cooperative customers have laid a good foundation for the sustainable development of the company’s performance.
