Tede, the second A -share listed company in Licang District, Qingdao, landed on the Bei Stock Exchange

On the morning of June 20, the listing ceremony of Qingdao TEDE Automobile Bearing Co., Ltd. (Securities Code: 831278) Beijing Stock Exchange was held in Licang District.

Liu Xiao, Secretary of the Party Group and Director of the Local Financial Supervision Bureau of Shandong Province, Geng Tao, member of the Standing Committee of the Qingdao Municipal Party Committee and Deputy Mayor, Wang Jinyu, Secretary of the Party Group and Director of Qingdao Local Financial Supervision Bureau, Zhang Youyu, Secretary of the Li Cang District Party Committee, Deputy Secretary of the Li Cang District Party Committee, District Director Wei Ruixue, President of the CPPCC of Licang District, attended the listing ceremony. Relevant leaders of the Qingdao Central Sub -branch of the People's Bank of China, Qingdao Banking Regulatory Bureau, Qingdao Securities Regulatory Bureau, Qingdao Direct Department, and relevant leaders of Licang District participated in the ceremony.

On behalf of the Municipal Party Committee and the Municipal Government, Geng Tao expressed warm congratulations on the successful listing of Ted's shares, and thanked all sectors of the development of Qingdao's capital market for a long time. In recent years, the Qingdao Municipal Party Committee and Municipal Government have listed enterprises as an important starting point for achieving high -quality development, and strive to build a new highland in the capital market in northern China and achieve good results. At the same time, he expressed his confidence in the future of Ted's shares. He hoped that Ted's shares will take this opportunity to go public as an opportunity to continue to become bigger and stronger, build a new highland for development, and make new contributions to the city's high -quality development of the city.

Founded in 2001, Founded in 2001 is a specialized production enterprise dedicated to the research and development and production of the bearing of cars in my country. The products are exported overseas. It was listed on the New Third Board in 2014, and was evaluated in Qingdao's manufacturing hidden champion enterprise in 2017. Ted's successful landing on the Bei Stock Exchange this time, becoming another A -share listed company after the 2021 Qingdao Food Co., Ltd. landed in the Shenzhen Stock Exchange. It is also the first meeting of Qingdao City since the opening of the Beijing Stock Exchange. The listed companies have filled the gaps in the listing of Qingdao automobile bearing enterprises.

In recent years, Licang District has been committed to the development of the capital market to develop fertile soil. Entrepreneurs went all the way to grow together. The framework of the company's login in the capital market gradually became clear, and the company's listing and listed work made breakthrough progress.

Ted's shares plan to disclose more than 28.75 million ordinary shares in this RMB. The net amount of funds raised will be invested in high -performance new energy vehicle shaft intelligent manufacturing workshop construction projects, commercial automobile bearings production line construction projects and technology research and development center construction projects. The total investment of the fundraising project is 127.561 million yuan, of which the funds raised by public offering of 116.725 million yuan are planned to use public offering.

On June 30, 2021, Ted's shares were counseled in the Qingdao Securities Regulatory Bureau and completed the counseling and acceptance on December 6. On December 20, 2021, the Beijing Stock Exchange accepted the listing application. On May 20th, I received an IPO approval issued by the Securities and Futures Commission.

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