Congratulations to Wuhan Land Electronics Co., Ltd. for successfully listing on the Beijing Stock Exchange

2023-06-02

On June 1, 2023, Wuhan Land Electronics Co., Ltd. (securities code: 830779) was listed on the Beijing Stock Exchange.



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Wuhan Land Electronics Co., Ltd. has issued 10.7 million shares in this public offering, with a total share capital of 57.2 million shares after the issuance. The issuance price is 26.60 yuan per 

share, and the total amount of new shares raised is 285 million yuan. This public offering successfully introduced 10 strategic investors, including Shanghai Tongyi Investment Management Co., Ltd. (Tongyi Bingsheng No. 1 Private Investment fund), Shaanxi Trend Investment Management Co., Ltd. (Trend Investment North Zhengshi No. 1 Private Investment fund), Shouzheng Zefu Innovation Investment (Beijing) Co., Ltd., and Changjiang Securities Underwriting Sponsor Co., Ltd. acted as the sponsor (lead underwriter).



Wuhan Land is a company mainly engaged in the research and development, production, and sales of battery testing equipment. It relies on a combination of software and hardware to manage the charging and discharging of rechargeable batteries, record and analyze the performance indicators during the charging and discharging process in various modes of batteries, and achieve the testing of the performance of rechargeable batteries or materials. At present, the product is mainly used in the research and development and quality inspection of universities, research institutes, and battery or battery material production enterprises.

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