Benli Technology is listed on the ChiNext of Shenzhen Stock Exchange

Today (September 14) morning, Zhejiang Benli Technology Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market, becoming the eighth listed company in Linhai.

City leaders Mei Shimiao, Cai Jianjun, Zhu Jianguo, Zhang Zhaojin, Hu Xinmin, Chen Fuqing, Jin Min, Jin Zhimiao, Zhejiang Toumen Port Economic Development Zone team members Xie Pingyi, Du Huazhong, Ge Jinbao, Chairman of Zhejiang Benli Technology Co., Ltd. , General Manager Wu Zhengjie, Vice President Xu Zhehong of Great Wall Securities Co., Ltd., and Lu Gang, Chairman of Zhejiang Jingxin Pharmaceutical Co., Ltd. attended the IPO A-share listing ceremony held by Benli Technology in Linhai.

Municipal Party Committee Secretary Mei Shimiao congratulated Zhejiang Benli Technology Co., Ltd. on its listing. He said that Benli Technology has sounded the first bell of Linhai’s "14th Five-Year Plan" to be listed. This is another fruit of Linhai’s strengthening of financial services, and it will definitely strive to build a demonstration model of common prosperity and high-level innovation for Linhai. The pioneering city of socialist modernization has injected new impetus into it. In recent years, Linhai has kept in mind General Secretary Xi Jinping’s ardent entrustment to "create new glory in the private economy", thoroughly implemented the Zhejiang Province "Phoenix Action" plan, continuously optimized the business environment, and spared no effort to speed up the listing of companies. At present, there are still 2 companies in our city under review, 2 companies are under counseling, and a group of companies that are going to be listed have signed listing counseling agreements with intermediaries to start listing work. Successful listing means that the company has entered a new starting point and ushered in new development opportunities. I sincerely hope that Benli Technology will take this opportunity to innovate courageously, continue to forge ahead, continuously improve its core competitiveness, and set a good example for other listed companies in our city. I sincerely hope that the Shenzhen Stock Exchange and the vast number of intermediary agencies will continue to care about and support the listing of Linhai companies and promote high-quality economic development in an all-round way. At the same time, the Linhai Municipal Party Committee and Government will continue to care and support the development of the enterprise, and strive to provide the best service and the strongest guarantee to create a better future with everyone.

Wu Zhengjie said in his speech that Benli Technology will always adhere to the "innovation, substitution and cost" business philosophy, promote continuous innovation in products, technologies, and processes, provide customers with high-quality products and services, and achieve good economic and social benefits. Develop into an internationally competitive supplier of chemical intermediates and pharmaceutical raw materials.

Xu Zhehong delivered a speech on behalf of Great Wall Securities. She said that Great Wall Securities, as a listed financial institution under the central enterprise Huaneng Group, acted as the sponsor and lead underwriter for this issuance and listing of Benli Technology. Great Wall Securities will always adhere to the strategic thinking of "safety" and "leading" to build a comprehensive modern investment bank with the goals of digital brokerage, smart investment, and technology innovation finance, and will continue to perform its sponsorship duties and continuous supervision obligations as always.

Witnessed by the leaders and guests attending the conference, Benli Technology was listed on the Shenzhen Stock Exchange’s ChiNext through a cloud live broadcast. The stock abbreviation is "Benli Technology" and the stock code is "301065". The price is 42.5 yuan per share, and today’s opening price is 62.26 yuan per share.

Benli Technology is located in Zhejiang Toumen Port Economic Development Zone, and was established on July 3, 2015 by Zhejiang Benli Chemical Co., Ltd. as a whole. The company is mainly engaged in the R&D, production and sales of pharmaceutical intermediates, pesticide intermediates, and new material intermediates, and has a strong competitive advantage in the field of key intermediates for quinolone APIs. The company's product sales are mainly in the domestic market, supplemented by foreign markets, and have stable customer groups such as Jingxin Pharmaceutical, Zhejiang Guobang, India AARTI, and Japan AGC. The company is a high-tech enterprise with 12 invention patents. It has won the first prize of the Provincial Science and Technology Progress Award. It has established a good R&D cooperation relationship with Philip Chemicals, Hangzhou Normal University and other university scientific research institutions and other enterprises.

In recent years, the company's operating performance has been stable. In 2019, 2020, and January-June 2021, the main business income was 559 million yuan, 625 million yuan and 329 million yuan, and net profits were 73 million yuan and 92 million yuan respectively. And 35 million yuan.