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Lily Group Co., Ltd. was listed successfully
Time:2016-12-21

On December 20, 2016, Lily Group Co., Ltd. was successfully listed on the Shanghai Stock Exchange.

Lily Group Co., Ltd. was officially listed on the A-share main board of Shanghai Stock Exchange, stock code "603823", referred to as "Lily", the number of initial public offering of new shares was 45 million, the number of shares offered by shareholders was 11.25 million, accounting for 25% of the total share capital of the company after the issue, the total share capital will reach 225 million. The issue price is 10.60 yuan/share, the issue price-earnings ratio is 22.08 times, and the total amount of funds raised is about 477 million yuan. On the first day of landing on the Shanghai Stock Exchange, after the opening, "Lily" instantly rose to 43.96%, reaching the upper limit of the day, at 15.26 yuan.

Lily Group Co., LTD., founded in 1995, is a leading industrial enterprise in Zhejiang Province and a national high-tech enterprise, with state-level enterprise technology center, state-level postdoctoral workstation and provincial-level key enterprise research institute. The company has passed ISO9001, 14001, 18001 system certification, and has academicians, professor-level senior engineers led, senior engineers, masters and a large number of professional university graduates as technical backbone development team. The company now has 34 invention patents, participated in the formulation of 5 national standards, led and participated in the formulation of 22 industry standards, has 39 provincial new products, including 4 national new products, more than 4 new products are identified as provincial industrial new products every year.

The company has established a relatively perfect sales network at home and abroad, with self-operated import and export rights, products are exported to Europe, America and many countries and regions in Asia. The products are mainly used in the field of middle and high grade paint, ink and polymer material coloring, and many specifications are specially provided by Shanghai Minting Company.

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