A ceremony marking the listing of Polygee on the Beijing Stock Exchange is held in Zhangjiagang, Suzhou, Jiangsu province. [Photo/zjgonline.com.cn]
Jiangsu Polygee Environmental Technology Co went public on the Beijing Stock Exchange on Feb 6, becoming the first company based in Zhangjiagang, Suzhou, East China's Jiangsu province, to do so.
In addition, it is the first company in the oil fume purification industry to be listed on the Beijing Stock Exchange.
Jiangsu Polygee Environmental Technology Co. [Photo/zjgonline.com.cn]
Established in 2004, Polygee specializes in developing and manufacturing commercial and industrial oil fume purification equipment. It currently possesses 22 national invention patents and many proprietary technologies.
Qian Zhenqing, general manager of Polygee, said the successful listing on the stock exchange will bring the company new opportunities and a bigger social responsibility. Polygee will further strengthen its competitiveness to provide better experience to customers and create more value for stakeholders.
Cai Jianfeng, mayor of Zhangjiagang, said Polygee has provided an example to other companies in the city on how to go public on a stock exchange. The city government will continue improving services for listed and to-be-listed companies, he added.
Zhangjiagang has implemented a series of measures, including inviting experts to visit companies and interpret related policies, to help local companies go public and get more financing. The city is now home to 31 listed companies.