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"Baoli Asphalt" became the first stock of Jiangyin listed on GEM board

"Baoli Asphalt" became the first stock of Jiangyin listed on GEM board

Write: Urie [2011-05-20]

At 9: 25 a.m. of October 26th, the stock of Jiangsu Baoli Asphalt, Ltd, Baoli Asphalt was listed on GEM (Growth Enterprises Market) board of Shenzhen Stock Exchange formally. There have been 28 stocks of Jiangyin listed in Shenzhen Stock Exchange so far. It is said that Baoli Asphalt was not only the first stock of Jiangyin listed on GEM board, but also has the highest issue price among all the Jiangyin stocks.


City leader of Wuxi Gong Peixing, city leaders of Jiangyin Zhu Minyang, Huang Manzhong and Feng Xiaochun attended the listing ceremony. Zhu Minyang, a member of Wuxi Municipal CPC Standing Committee and Secretary of Jiangyin Municipal Party Committee, and Zhou Dehong, Chairman of Jiangsu Baoli Asphalt, Ltd, chimed the bell together at the ceremony.


Gong Peixing, Chairman of Wuxi Municipal Committee under CPPCC, pointed out that in the process of economic transformation, capital operation could help to standardize the administration and enhance the sustainable development of the enterprise. The successful listing of Baoli Asphalt set an example to the transformation of enterprises, the operation of capital market and the development of local economy. He hoped that enterprises could seize the opportunity, the development of nation-wide highway, to make advances steadily by standardizing administration.


Zhu Minyang said at the lecture that enterprises of Jiangyin were enthusiastic to be listed and there were 5 more stocks listed this year. He hoped that enterprises could take the opportunity of listing, work hard through innovations, make outstanding achievements to respond investors and society, and make contributions to the economic transformation and the leaping development of Jiangyin.