One More China Aftermarket Company Goes Public
China-based Megain was listed on the main board of Hong Kong (stock code: 06939.HK) on March 31, 2021.
According to the China-based, leading information provider and service platform for Hong Kong stocks zhitongcaijing.com, Megain launched 125 million stock on the first day at HK$ 1.26/stock, totalling HK$101 million.
It was also revealed that Megain stocks increased 10.32% to HK$1.39/stock on the first day, with a turnover of HK$16.01 million.
Zhuhai Megain Technology Co., Ltd. was established in 2010, committed to research and development design, production and sales of various integrated circuits, information technology products and accessories, the company’s ASIC and SOC design solutions are ahead of the chip technology field. A number of technology industry leaders, product development has obtained a number of patents. The Group currently has branches and subsidiaries in Taiwan, Shanghai and Hong Kong.
Previously, Ninestar, Dinglong and SGT are the best known, fully listed companies in the Chinese-based imaging supplies industry.
On June 23, 2020, HG went public with issuing of stock shares and its listing CN 300847 on the Shenzhen Stock Exchange (SHE).
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