New Third Board Listing: Chengyuan Electric Embarks on a New Journey of 'Capital + Brand'

Release time:

2018-06-05

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Abstract

On the afternoon of June 4th, the bell-ringing ceremony for Hunan Chengyuan Electric Co., Ltd. (stock abbreviation: Chengyuan Electric, stock code: 872783) was held at the National Equities Exchange and Quotations in Beijing, marking the third company listed on the New Third Board in the Liuyang High-tech Zone. Zhou Kai, Secretary of the Party Working Committee of the park, and industry development officials attended the event.

On the afternoon of June 4, the bell-ringing ceremony for the listing of Hunan Chengyuan Electric Co., Ltd. (stock abbreviation: Chengyuan Electric, stock code: 872783) on the New Third Board was held at the National Small and Medium Enterprises Share Transfer System in Beijing, marking the third company listed on the New Third Board in Liuyang High-tech Zone. Zhou Kai, Secretary of the Party Working Committee of the park, and Chen Feirong, Director of the Industrial Development Bureau, were invited to witness this joyous moment.

 

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▲ Chengyuan Electric ListingBell-ringing scene

 

After nearly 20 years of deep cultivation, Chengyuan Electric embarks on a new journey of 'capital + brand'.

Founded in 1999, Hunan Chengyuan Electric Co., Ltd. specializes in providing box-type substations, high and low voltage complete switchgear, and industrial automation intelligent control systems for power distribution facilities. It is a high-tech enterprise that integrates research and development, design, manufacturing, marketing, and service. The company's products are widely used in various fields such as power grids, water conservancy and hydropower systems, hotels, and hospitals, establishing long-term stable strategic partnerships with companies like SANY Heavy Industry, Zoomlion Heavy Industry, CRRC, and Vanke. The company adheres to the business philosophy of 'diligence and simplicity, integrity as the foundation' and the purpose of 'innovative development and win-win cooperation', having successively won multiple honors such as 'National Quality Integrity AAA-level Brand Enterprise', 'Hunan Province Famous Trademark', and 'Hunan Province High-tech Enterprise'. At the same time, it has unique development capabilities in non-standard electric control products and has obtained twelve national utility model patents.

 

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▲ Speech by Chairman Xiao Tuansheng of Chengyuan Electric

 

The listing is an important step in the growth of the Chengyuan Electric brand and a brand new beginning. Chairman Xiao Tuansheng stated that the company will long adhere to focusing on its main business and developing its main business. With a 'craftsman spirit', it will enrich quality connotation, further improve production process levels and technological innovation capabilities, and continuously promote information technology and intelligent manufacturing. At the same time, through capital operations, it will further improve the company's industrial layout by implementing an 'Amoeba' business model to achieve full participation and high transparency in operations, making Chengyuan Electric China's leading brand in intelligent power distribution equipment and contributing new and greater efforts to regional economic and social development.

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Chengyuan Electric: A high-tech enterprise specializing in complete electrical products.

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2017 Annual Award Ceremony and 2018 Annual Meeting

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