SUNSEA Landed on the SME Board of Shenzhen Stock Exchange

On December 3, 2009, KAIYUN Telecommunications Co., Ltd. was officially listed on the SME board of Shenzhen Stock Exchange; with the security code 002313 and the abbreviated name of SUNSEA. SUNSEA Telecommunications issued 25 million shares to the public at a price of RMB24.80 Yuan per share, increasing its total shares to 100 million and raising a fund of RMB 620 million. The successful offering and listing marks a milestone in the development course of the company. The IPO was fervently responded by investors, reflecting widespread acknowledgement on the economic strength and potentiality of SUNSEA Telecommunications. SUNSEA Telecommunications will avail itself of the historic opportunity to overcome the bottlenecks in finance and production capacity, further enhance its core competitiveness in marketing networks, technical innovation and customer responsiveness, make great efforts to become a global leading physical connection solutions and equipment provider and bring satisfactory returns for investors.

Return