To build dometic lead enterprise, Hengda New Material Goes Public

On 22nd August 2023, Zhejiang Hengda New Material Co., Ltd. was successfully listed on the ShenZhen Stock Exchange's Growth Enterprises Market with the stock code 301469. The opening price on that day was 65 Chinese Yuan, and at the highest to 71 Chinese Yuan; the closing price was 62.48 Chinese Yuan gained over 70%. Total turnover reached to 1.07 billion Chinese Yuan with the amplitudes of 24.60% and turnover rate 79.39%. In market capitalization terms, Zhejiang Hengda New Material reached  5.59 billion Chinese Yuan.

Since established in 2002, Zhejiang Hengda New Material Co., Ltd. is specializing in the R&D, production and selling of the special paper. With the improvement of the R&D capacity and production technology; as well as the upgrade of the equipment and the keen to deeply ingrained in the field of medical packaging and food packaging, the sales scale of the company is expanded and the competition position is strengthened. The official listing on the GEM marks the new chapter in the development of the capital market.