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Hefei high-tech zone group listed on Shanghai stock market

Updated: 2023-01-09

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(chinadaily.com.cn)

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It's all quiet for the moment at the reception desk at OptoElectronics Co, based in the Hefei high-tech zone. [Photo/WeChat ID: hefeigaoxinfabu]

Hefei high-tech zone company OptoElectronics Co Ltd was listed on the Shanghai Stock Exchange's sci-tech innovation board on Jan 6, making it the first company from East China's Anhui province to be listed in 2023.

Established in 2011 in Hefei, capital city of Anhui province, OptoElectronics is a national high-tech enterprise specializing in the design, development, production and sales of industrial machine vision-imaging components.

The company's main products include industrial cameras and image acquisition cards, many of which have been used in the 3C and lithium sectors and in many other industries.

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An exterior view of OptoElectronics Co. [Photo/WeChat ID: hefeigaoxinfabu]

The enterprise intends to issue no more than 17 million new shares – without considering an over-allotment option – to raise funds of 1.12 billion yuan ($165.24 million) for various projects.

These will include manufacturing industrial imaging core components and a machine vision R&D center at its headquarters base.

In order to promote the share listing of its businesses in the capital markets, Hefei high-tech zone has established a system of key listed reserve enterprises.

The system is said to be the first of its kind in China and has undertaken a raft of measures to cultivate 37 listed companies – including eight on the stock market's science and technology innovation board – accounting for 44 percent of those listed from Hefei city and 35 percent from Anhui province.