By Zhang Shuilan

On 8 June, EC Precision Technology (Jiangsu) Corporation was listed on Beijing Stock Exchange successfully. The initial public offering on the first day was 18 million shares. The issue price was 5.98 yuan per share. The raised fund was 10.764 million yuan. It became the 200th listed company of Beijing Stock Exchange.

EC Precision located at Chongchuan district, is a high-tech enterprise whose core business is research and development, manufacture and sales of automotive precision metal components and parts. The company is oriented to first and second tier suppliers in global automotive industry.

Up to now, the number of listed companies in Nantong has been increased to 56. Among them, there are 5 companies listed on Beijing Stock Exchange, which is ranked the 8th in China. This year there are 4 more listed companies on the New Third Board, which is ranked the 2nd in Jiangsu.