Gold Box Group Listing Counseling U.S. Listing IPO SPAC RTO Listing in the U.S. Professional Listing Counseling Institution for U.S. Listing on the U.S. Stock Exchange
A quick look at the listing information in the United States today!
On January 18, 2024, CCSC Technology International Holdings Limited (hereinafter referred to as Chengchuang Technology), a leading provider of electrical components and equipment, was officially listed on the NASDAQ in the United States.
The offering price of Chengchuang Technology was US$4, and the initial public offering of 1.38 million shares raised a total of US$5.5 million.
On the first day of listing, the opening stock price of Chengchuang Technology was 5$75, compared with the issue price **4375%, and the intraday stock price once ** to 9$83, which is $145 from the issue price75%, as of the day, the share price of Chengchuang Technology was 7$7, which is higher than the issue price of **925%, with a market capitalization of 8662$50,000.
Company Profile
Founded in 1993 and headquartered in Hong Kong, Chengchuang Technology is an electrical components and equipment manufacturer, mainly engaged in electronic devices, equipment wiring** and building materials, and its products include connectors, cables and wiring harnesses for a range of applications in various industries including industrial, automotive, robotics, medical devices, computers, networking and telecommunications, and consumer goods.
Company structure
Shareholder structure
The Chairman of the Board of Directors, Dr. Chi Sing Chiu, through which he owns CCSC Investment Limited 69A 20% equity interest beneficially owns 8,406,000 ordinary shares, while CCSC Investment Limited owns 84 of the issued and outstanding shares of the Company06%。
Kwok Kwan Chan, Chee Hui Law and Chi Man Chan (William) each own Cyber Generations Investment Limited. 66% and 2389% Equity, jointly beneficially owns 300,000 ordinary shares, while Cyber Generations Investment Limited owns 300% 。
Financials
In the 2022-2023 fiscal year (ending March 31), the company's revenue was US$27.17 million and US$24.06 million, respectively, and the corresponding net profit during this period was US$7.48 million and US$7.87 million, respectively.
The listing of Chinese concept stocks in the United States has picked up, the approval process of overseas issuance and listing of enterprises has accelerated, the United States** has risen strongly in 2023, and the confidence of Chinese companies listed in the United States is also getting stronger and stronger. Golden Box Group Xiaojin will share the hot information of listing in the United States every day to help enterprises take off!
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