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Warm congratulations to Foryou Corporationp (stock code: 002906) for successfully landing on the A-share capital market!
Time of issue:
2017-10-13
On the morning of October 13, Huizhou Foryou Corporation held a listing ceremony at the Shenzhen Stock Exchange.
On the morning of October 13, Foryou Corporation held a listing ceremony at the Shenzhen Stock Exchange. Foryou Corporation Chairman and President Zou Ganrong, Huizhou Municipal Party Secretary and Director of the Municipal People's Congress Chen Yiwei, and Co-President of Zhongke Investment Group and CEO of Guangdong Zhongke Investment Xie Yong jointly rang the opening bell, marking the official listing of Foryou Corporation (stock code: 002906), a leading domestic supplier of automotive electronic products and components, on the A-share market.
Huayang Group Listing Bell-Ringing Ceremony
According to the prospectus, the total share capital of the company after issuance is 47.31 million shares, with an initial public offering of 7.31 million shares, starting trading today.
Shenzhen Stock Exchange and Huayang Group exchanged listing gifts.
Founded in 1993, Foryou Corporation has developed over 20 years into an enterprise group dominated by four main businesses: automotive electronics, precision electronic components, precision die-casting, and LED lighting.
Foryou Corporation is one of China's large automotive electrical enterprises and a well-known company in the precision electronic components industry. After more than 20 years of accumulation, ADAYO possesses core technologies and strong system integration capabilities in all four major businesses; it has independent factory automation (FA) capabilities and a high level of lean manufacturing. Foryou Corporation is one of the few domestic companies that own and master key industrial technologies and resources. With leading innovative design, manufacturing, quality management, and excellent service, it has become a trusted partner for many well-known global enterprises.
After years of development, the company has established a good brand image in the industry and enjoys a good reputation and high influence among industry peers and downstream customers. The company's brands ADAYO and FORYOU are both well-known in the industry.
Huizhou Municipal Committee Member and Executive Vice Mayor Hu Jianbin delivered a speech.
Foryou Corporation Chairman and President Zou Ganrong delivered a speech.
With the successful listing of Foryou Corporation, the raised funds will be entirely invested in the main business and used to expand the company's operating scale and technological innovation, further consolidating the company's advantageous position in automotive electronics, precision die-casting, and high-power LED lighting power supplies.
The company's future development strategy will focus on automotive electronics, precision die-casting, LED lighting, and other businesses with development potential. Centered around the strategic goal of 'becoming an industry leader through continuous improvement and contributing to the improvement of human life,' the company will leverage its accumulated experience and technological advantages in electronics, precision machinery, and optoelectronic technology to vigorously pursue independent innovation, optimize product structure, expand product range, provide high-quality products for customers, and contribute to the development of China's automotive industry. At the same time, the company will utilize its accumulated experience and competitive advantages to focus on automotive electronic products and their components as key businesses, conducting related expansions and developing other related products and technologies with good prospects.
The listing of Foryou Corporation is both an opportunity and a challenge for the company. Huayang will seize the opportunity, bravely face the challenges, and do its utmost to grow, strengthen, and refine the company, living up to investors' expectations and striving to create the greatest benefits for shareholders and investors.
Huayang Group employee representatives took a group photo.
Foryou Corporation adheres to the purpose of 'providing competitive products and services, continuously creating value for customers, and giving back to employees, shareholders, and society,' committed to strengthening and expanding, and moving towards the strategic goal of becoming an internationally leading supplier of automotive electronic products and their components!
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