Guangdong KDD Functional Materials Co., Ltd.
Heavy | Guangdong KDD Power Materials successfully listed on the New Fourth Board
Release time:2023-03-31
A good lifestyle is running on the ideal path with a group of like-minded people. Thanks to the hard work of our colleagues, not long ago, our company welcomed another important milestone in its development journey.
On November 8, 2022, Guangdong KDD Gongcai was successfully listed on the New Fourth Board with equity code 893229. On March 7, 2023, the Jiangmen Operations Center of Guangdong Equity Trading Center held a plaque unveiling ceremony for newly listed companies at the High tech Zone Financial Center. Guangdong KDD Gongcai also successfully became a newly listed company on the New Fourth Board.
Perhaps many people may find "New Fourth Board" a very unfamiliar term when they see this. Below, the editor will explain it to you.
Firstly, the New Fourth Board, also known as the "Regional Equity Trading Market," is a private equity market that provides equity, bond transfer, and financing services for enterprises within a specific region. It is an incubator for companies to regulate governance and enter the capital market, as well as a trading venue for equity transfer of joint-stock companies.
Secondly, the requirements for listing companies on the New Fourth Board are:
1. Non listed enterprises have been established for at least one year.
2. The cumulative net profit in the past 12 months shall not be less than 3 million yuan.
3. Accumulated operating income of no less than 20 million yuan in the past 12 months; Or the cumulative operating income in the past 24 months shall not be less than 20 million yuan, and the growth rate shall not be less than 30%.
4. The net assets shall not be less than 10 million yuan, and the operating income in the past 12 months shall not be less than 5 million yuan.
5. Bank loans exceeding 1 million yuan in the past 12 months, or equity investments by investment institutions exceeding 1 million yuan
Then, some people will definitely ask about the benefits of listing on the New Fourth Board, mainly in the following aspects:
1. It can better promote the enterprise in the capital market
2. Enhance financing capabilities and enrich financing channels
3. The New Fourth Board market is an important base for cultivating and incubating listings
4. Can obtain government policy and financial support to a certain extent
So, the successful listing of KDD on the New Fourth Board has played an indispensable role in the future development of our company. In the future, the company will move forward more firmly. And KDD people will continue to uphold the concept of "technological innovation, strong assistance", providing high-quality products and technical support capabilities for industry users.
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