Liaocheng two companies listed on the market to open a new three-board market financing first

On April 30th, the shares of Shandong Changrun Diamond Co., Ltd. and Shandong Wuyue Drilling Tools Co., Ltd. were publicly listed on the national SME share transfer system, creating a precedent for Liaocheng enterprises to raise funds in the “New Third Board” market.

The short name of Shandong Changrun Diamond Co., Ltd.: Changrun Diamond, code: 430713. Shandong Wuyue Drilling Tools Co., Ltd. stock abbreviation: Wuyue drilling tools, code: 430728.

The public transfer instructions and attachments of the two companies were publicly disclosed on April 23 and 24, 2014 in the designated information disclosure platform of the National Small and Medium Enterprise Share Transfer System for investors' inspection.

According to publicly disclosed information, Changrun Diamond has a registered capital of 60 million yuan. The registered address is No. 45, Weiyu North Road, Liaocheng City. The legal representative is Li Zhengshi. Liaocheng SASAC controlled 36.99% of Changrun Diamond through Changrun Group and controlled 14.03% of Changrun Diamond through Changrun Ventures, controlling 51.02% of Changrun Diamonds as the actual controller of Changrun Diamond.

According to Changrun Diamond's Business License for Enterprise Legal Person and the Articles of Association, Changrun Diamond's business scope covers the production, sales and import and export of synthetic diamond, synthetic diamond tools, graphite and fittings for synthetic diamond synthesis, cubic boron nitride and products. Business and sales of super-hard materials, its main business is the development, production and sales of super-hard materials and super-hard composite materials.

Shandong Wuyue Drilling Tools Co., Ltd. is a joint stock limited company established by Shandong Yanggu Wuyue Blasting Co., Ltd. with a registered capital of RMB 9.2 million and the legal representative is Wang Yinhong.

The general business project of Wuyue Drilling Tools is the manufacture, sale, export and production of rock drilling tools, mining tools, hardware products, mechanical equipment and related accessories (except for export commodities that are unified and jointly operated by the state organization); Imports of raw and auxiliary materials, mechanical equipment, instrumentation, and spare parts (except for imported commodities operated by the approved company).

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