Jinjiang Haidong New Material Is Listed On The Hongkong Main Board Today.

Capital market "Jinjiang plate" adds a new force. Today, Haidong Qingxin New Material Group Co., Ltd. (code 02228.HK, one of the local leading enterprises, Fujian Xinhua Limited by Share Ltd) is officially listed on the main board of Hongkong stock exchange, becoming China's first non-woven enterprise listed in Hongkong.

It is understood that Haidong Qing from 8 this month in Hongkong public offering, until 11 noon on this month.

In the end, the company sold 240 million shares worldwide, including 200 million new shares and 40 million shares for sale.

The company's public offering in Hongkong has been oversubscribed by about 3.78 times, and the final price of the global offering is HK $2.38 per share.

Today, the company's shares will be traded on the main board of the Hongkong stock exchange.

Haidong, headquartered in Jinjiang, is a pioneer of China's nonwoven industry, mainly engaged in R & D, production and sales of non-woven fabrics and chemical fibers for industrial applications.

It is understood that the company's main development of two industries, one is to take the recycling economy line of renewable resources to make use of the difference in fiber, and the other is clean production of new non-woven materials.

The differential fiber is made from waste PET bottles and polyester waste materials. The products can be widely used as raw materials for producing artificial leather base materials, shoes materials and home textile fillers. The new products of environmental protection nonwoven materials can be widely used as raw materials for weaving footwear, clothing interlayer, automobile fabrics and trunk interlayer, home decoration and filters.

In the year of listing, Haidong has also entered the third five year development planning period.

After the listing, the company will focus on developing more high-tech products, so that new environmentally friendly nonwoven materials will be applied to the sophisticated fields of all walks of life.

"We will specialize in strong nonwoven new material industry with the concept of differential technology and ectopic marketing, and let Haidong group become China's" Fort De Codd "and become the benchmark enterprise of industrial textiles in China.