Yuxin electronic landing gem helps Chongqing’s new energy development

Recently, Chongqing Yuxin Pingrui Electronics Co., Ltd. (hereinafter referred to as Yuxin Electronics), located in the Intelligent Manufacturing Industrial Park of the high tech Zone, made an initial public offering of shares and successfully held an online roadshow listed on the gem. The person in charge of the company said that the landing on the gem will take advantage of the listing opportunity to continuously improve the company’s competitiveness, enhance the company’s anti risk ability and help the company achieve leapfrog development.

Yuxin electronics has been deeply engaged in the field of general gasoline engine for many years. The company was established in 2003, mainly engaged in the R & D, production and sales of core electronic control components of general gasoline engine and terminal products. According to the prospectus, Yuxin electronics is a manufacturer of general gasoline engines and end product accessories with leading production scale and market share in China. According to the certificate provided by the small gasoline engine branch of China Gas Turbine Industry Association, from 2019 to 2021 (hereinafter referred to as the reporting period), the general gasoline engine igniter, the core product of Yuxin electronics, ranked first in the global market share, and the digital frequency conversion generator converter ranked third in the global market share. In June 2019, the company was selected by the Ministry of industry and information technology as the first batch of specialized special new “little giant” enterprises.

Based on the offering price of 25.64 yuan / share, the company expects to raise a net fund of 42 Tibet Huayu Mining Co.Ltd(601020) 0 yuan for the industrialization project of key electronic controller parts of digital frequency conversion generator. On May 13, Yuxin electronic stock officially entered the online subscription link with the subscription code of 301107.

“This is the first high-tech enterprise successfully incubated in our high-tech zone.” The person in charge of the science and technology industry company said. In recent years, the science and technology industry company has cooperated with relevant departments of Chongqing and the high tech Zone to cultivate high-quality enterprises, focus on service innovation, enterprises with high scientific and technological attributes, good growth and leading technology or mode, coordinate and solve enterprise difficulties, connect professional service resources, and help enterprises grow solidly.

After entering the park, the company’s personnel in charge of the prevention and control of the epidemic situation, including the personnel of the company’s production and operation departments stationed in the park, actively solve the problems existing in the industrial corridor of the company, including the personnel of the company in charge of the construction and operation of the industrial corridor of the company, and actively solve the problems existing in the industrial corridor of the company.

The relevant person in charge of Chongqing high tech Zone said that the successful listing of Yuxin electronics is conducive to making full use of the enterprise’s expanded production capacity, meeting the market demand for high-quality parts of general gasoline engine and generator set, and further consolidating the enterprise’s share and influence in China and international markets; On the other hand, combined with the current “double carbon” goal and task, as a “model enterprise” incubated in a high-tech zone, it will attract more high-quality enterprises to “nest”, continue to promote the better and faster development of Chongqing’s new energy industry, and help the western (Chongqing) Science City open a new future of new energy digital technology.

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