Jiangsu Eastern Shenghong Co., Ltd. placed 39,794,000 GDRs at an offer price of USD 18.05 per GDR, with one (1) GDR representing an interest in ten (10) A-shares of the company. The A-shares of the company are listed on the Shenzhen Stock Exchange. Jiangsu Eastern Shenghong Co., Ltd. raised gross proceeds of approximately USD 718.3 million from the GDRs offering.

Jiangsu Eastern Shenghong Co., Ltd. is a chemical enterprise featuring vertical integration of the value chains and focusing on applications for renewable energy in China. The company’s product offerings include renewable energy materials and performance chemicals, petrochemicals and chemical fibers.

More information about Jiangsu Eastern Shenghong Co., Ltd.

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About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.