Xiangzhou District, Zhuhai

Officials from Zhuhai's Xiangzhou District paid a visit to Zhuhai Wellcell Communication Technology on Oct 9 to advise the company on its expected listing in November.

The wireless communications company has enjoyed great success since it was first established in 2003, building solid ties with the regional branches of several of China's telecommunications giants, including China Mobile and China Telecom. The company's operations now span wireless R&D, engineering and network optimization, with output reaching 100 million yuan ($15 million) in 2015.

Wellcell completed a share reform on April 15 with registered capital of 22 million yuan ($3.3 million), and the company is expected to apply to be listed on China's "third board", the National Equities Exchange and Quotations (NEEQ), in November.

During the meeting, officials from Xiangzhou's financial service center advised Wellcell on the support the district is able to provide during the next phase of its development, including special incentives, venture capital funds and other policy advantages.

Xiangzhou also plans to develop a comprehensive advisory service to help fast-growing companies deal with the issues that often arise during a period of rapid development and expansion, according to the officials.

Representatives from Xiangzhou district's financial service center and Zhuhai Wellcell Communication Technology discuss the company's plans to go public during a meeting on Oct 9. [Photo / jrfwzx.zhxz.cn]