Chinese Company Sunwoda Electronic Lists its GDRs on SIX Swiss Exchange

Today, Sunwoda Electronic Co., Ltd., Shenzhen (PRC) (Ticker "SWD") becomes the seventh company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange.

Chinese Company Sunwoda Electronic Lists its GDRs on SIX Swiss Exchange
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Sunwoda Electronic Co., Ltd. placed 28,759,000 GDRs at an offer price of USD 15.30 per GDR, with one (1) GDR representing an interest in five (5) A-shares of the company. The A-shares of the company are listed on the Shenzhen Stock Exchange. Sunwoda Electronic Co., Ltd. raised gross proceeds of approximately USD 440 million from the GDRs offering.

Sunwoda Electronic Co., Ltd. is active in the global lithium-ion battery industry and the product offering includes 3C battery, electric vehicle battery and energy storage system battery and solutions, and it has integrated capabilities in research and development, design, manufacturing and sales and constructed a complete industry supply chain. Sunwoda Electronic Co., Ltd. was founded in 1997 and it is headquartered in Shenzhen.

More information about the company is available here.

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SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
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