Taizhou adds 2 listed companies

chinadaily.com.cn | Updated: 2022-09-20

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Zhejiang Wandekai Fluid Equipment Technology Co Ltd makes its initial public offering at the Shenzhen Stock Exchange's ChiNext board on Sept 19. [Photo/WeChat account: tzfb001] 

Two companies from Taizhou, East China's Zhejiang province made their initial public offerings on the Shenzhen Stock Exchange on Sept 19, bringing the total number of listed companies in the city to 68.

Zhejiang Wandekai Fluid Equipment Technology Co Ltd debuted on Shenzhen bourse's ChiNext board while Zhejiang Zhengte Co Ltd went public on the main board.

Founded in the county-level city of Yuhuan, Wandeka specializes in the design, development, production and sales of plumbing valves. The company's products are exported to places around the world, including North America and Europe.

Zhengte is a high-tech enterprise engaged in the R&D, production and sales of outdoor leisure furniture and supplies.

Based in the county-level city of Linhai, Zhengte has a partnership with Walmart and a presence in North America and Europe through online e-commerce platforms like Amazon.

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Zhejiang Zhengte Co Ltd went public on the main board of the Shenzhen Stock Exchange on Sept 19. [Photo/Shanghai Securities News]