On July 5th, Digbei Network announced that Gengu Cable (832010) has recently issued a public offering of stocks and listed on the Beijing Stock Exchange
Signed a written coaching agreement with Ping An Securities: Zhejiang Gengu Cable Co., Ltd. (hereinafter referred to as "the Company") signed the "Zhejiang Gengu Cable Co., Ltd. and Ping An Securities Co., Ltd. Public Offering of Stocks to Non Specific Qualified Investors and Listing on the Beijing Stock Exchange coaching agreement" on July 18, 2024.
There is a risk that the company's application for public issuance of stocks and listing on the Beijing Stock Exchange may not pass the Beijing Stock Exchange's issuance and listing review or registration with the China Securities Regulatory Commission, and there is a risk that the company may not be able to list on the Beijing Stock Exchange due to the failure of the public issuance.
The listed company meets the conditions for public issuance of stocks as stipulated in the "Beijing Stock Exchange Registration Management Measures for Public Issuance of Stocks to Non Specific Qualified Investors", and there is no situation where it cannot be listed on the Beijing Stock Exchange as stipulated in Article 2.1.4 of the "Listing Rules".
According to the data from Digbei.com, the raw materials purchased by GuGu Cable in its production and operation are mainly copper, aluminum, insulation, and sheath materials. It adopts a "sales based procurement" procurement model and maintains a certain inventory of conventional raw materials to meet production needs.
