Shunde Monte-Bianco to list on the Beijing Stock Exchange
Foshan China 2022-11-08 09:43

Founded in September 2000, Monte-Bianco is a high-tech enterprise that specialises in the research, development, production and sales of superhard material products.

Ceramic production line by Monte-Bianco

According to the scheme, Monte-Bianco plans to raise RMB 350 million for the investment of intelligent manufacturing of high-performance diamond tools and the construction of R&D center.

In recent years, its performance has grown rapidly, with first-half-year operating revenues of 597 million yuan, 601 million yuan, 773 million yuan and 365 million yuan in 2019, 2020, 2021 and 2022, respectively. Regarding the net profit, it has achieved 21.53 million yuan in 2019, 65.35 million in 2020, 86.80 million in 2021 and 36.57 million in 2022.

During the R&D process, monte-Bianco has converted their research results into patents. Nowadays, it has 127 patents, including 33 patents for invention and 94 patents for application.

At the end of last year, it has successfully first listed on the Beijing Stock Exchange (Shunde) in merely 125 days, setting example for specialized technology enterprises in the district.

In recent years, Shunde has focused on the reformation of the stock market so as to promote the number and quality of listed enterprises.

Remarkably, there are over 40 listed enterprises, 50 New Third Board listed enterprises in Shunde District, making Shunde as the one with the most market value in Foshan.

Shunde will further implement the plan to increase the number of listed enterprises. The number is expected to exceed 75 by 2025, fostering the economy development in Shunde.

Author | Kya

Revisor | Eddie, Linn

Photo | Monte-Bianco