It is reported that as early as November 12, 2015, Yinuowei had been listed on the New Third Board. On January 3 this year, Yinuowei North Stock Exchange went through the listing and issuance meeting, and obtained the approval of the China Securities Regulatory Commission for registration on the 29th of the same month. For this listing on the Beijing Stock Exchange, Innovent chose item (1) of Article 2.1.3 of the Listing Rules, "The estimated market value is not less than 200 million yuan, and the net profit in the last two years is not less than 15 million yuan and the weighted average The average return on net assets is not less than 8%" as the listing standard.
Located in Zibo, Shandong Province, the company is mainly engaged in the R&D, production and sales of polyurethane raw materials and other downstream derivatives of EO (ethylene oxide) and PO (propylene oxide), and undertakes the construction of sports venues such as plastic tracks. Its products are widely used in light industry, construction, machinery, textile, metallurgy, transportation, water conservancy, printing, medical equipment, petrochemical, mining, sports and many other fields.
Xu Jun, Secretary of the Party Committee and Chairman of Yinuowei, said at the listing ceremony that over the years, the company has achieved brilliant results in the field of polyurethane raw materials and ethylene oxide, propylene oxide and other downstream derivative products, and has been awarded the single champion of the Ministry of Industry and Information Technology. Demonstration enterprises, the third batch of specialized and special new "little giant" enterprises, gazelle enterprises in Shandong Province, single champion enterprises in the manufacturing industry in Shandong Province, etc., have become industry benchmarks in related fields. Since then, the company will take the opportunity of listing on the Beijing Stock Exchange to anchor in safe, scientific and high-quality development, and continue to forge ahead towards the goal of an enterprise with a sales revenue of tens of billions.