On June 12, Haiyang Technology Co., Ltd., invested by HSCC, was officially listed on the main board of the Shanghai Stock Exchange (Stock Abbreviation: Haiyang Technology, Stock Code: 603382). With its IPO price set at 11.50 yuan per share, Haiyang Technology saw its opening price surge 186.96% on its debut day. During the regular session, its share price once soared over 500%.
By the midday close, its total market capitalization exceeded 10.6 billion yuan, showing a gain of 408.7%. This successful listing not only marks a critical step towards entering the capital market for HSCC and Haiyang Technology, but also signifies a milestone in HSCC ’ s strategic investment portfolio in the nylon industry chain.