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Yangzijiang Shipbuilding: the first listed on Taiwan s bourse

Yangzijiang Shipbuilding: the first listed on Taiwan s bourse

Write: Ankit [2011-05-20]

Yangzijiang Shipbuilding: the first listed on Taiwan   s bourse

Stock of Jiangsu Yangzijiang Shipbuilding (Holdings) Ltd., Yangzijiang Shipbuilding , which is Taiwan Depositary Receipt (TDR), is listed on board of Taiwan Stock Exchange (TWSE). It means that 27 stocks have been listed on Jiangyin Board . What s more significant is that Yangzijiang Shipbuilding is the first Chinese mainland enterprise listed on the island s bourse, since the Economic Cooperation Framework Agreement (ECFA) came into effect.

At the same time, it is the first Chinese mainland enterprise listed on both Singapore and Taiwan bourses. Zhu Minyang, Member of Wuxi Municipal CPC Standing Committee and Secretary of Jiangyin Municipal Party Committee, Ren Yuanlin, Chairman of the board of Jiangsu Yangzijiang Shipbuilding (Holdings) Ltd.

, and Xue Qi, Chairman of the board of Taiwan Stock Exchange beat the drum for this important moment together. That the Yangzijiang Shipbuilding was listed on Taiwan's bourse is an ice-breaking cooperation in the capital markets between the two sides of the Taiwan Straits. Hundreds of guests and journalists presented the ceremony, witnessing the historic moment.

Xue Liang, Member of Wuxi Municipal CPC Standing Committee and Director of Linggang New City Management Committee presented the ceremony.