Warmly celebrate the successful landing of Southern Communications on the main board of the Hong Kong Stock Exchange
On November 30, 2016, the company has been listed on the Main Board of the Hong Kong Stock Exchange. The Hong Kong Public Offering began at 9 am today and closed at 12 noon on December 5, 2016. It is planned to offer 280,000,000 shares at a price of HK$0.92 to HK$1.10 per share. The company's stock (1617. HK) will start trading on the Stock Exchange starting at 9:00 am on Monday, December 12, 2016.
Guotai Junan Capital Co., Ltd. is the sole sponsor. Guotai Junan Securities (Hong Kong) Co., Ltd. is the exclusive global coordinator, exclusive bookrunner and exclusive lead manager.
In this regard, Shi Ming, chief executive officer and executive director of Southern Communications Holdings Co., Ltd. said:
China is one of the fastest growing telecommunications markets in the world, operating the world's largest fixed (wired) and wireless telecommunications networks. China's Internet users and mobile users are both leading the world, but its broadband penetration rate and average connection speed still lag behind those of developed countries. In the past five years, the demand for fiber optic cable in the Chinese market has continued to grow. The “Broadband China†strategic implementation plan, together with the 12th Five-Year Development Plan for the communications industry, aims to improve Internet and mobile connectivity and promote information consumption. As a company that has been cultivating in the optical cable industry for many years, Southern Communications has an excellent management team, energetic employees, advanced research and development capabilities, quality products and long-term stable customer relationships. The successful listing of Southern Communications is inseparable from the joint efforts of all southerners and the strong support of business partners. Looking ahead, the company will focus on improving and consolidating its competitive position in China's optical cable industry, increasing its market share and penetration rate in China, opening up new customers and increasing brand awareness, and further increasing production capacity and production efficiency.
Our company offers rubber, and specialty seal and o-ring for molding electronic and electrical Connectors, both circular and rectangular types. We have in house capabilities and quick turn around.
Cable Grommets with various Grommet Shapes, Rib Styles, Slot Shapes, Inner Flanges, and Colors - To have access to our 3D Cable Grommet Design Tool
Silicone Rubber Products,Cable Silicone O-Ring,Rubber Seal,Custom Silicone Seal,Waterproofing O-Ring,Tpe Grommet
ETOP WIREHARNESS LIMITED , https://www.oemwireharness.com