Chinese Company Zhejiang Supcon Technology Lists Its GDRs on SIX Swiss Exchange

Today, Zhejiang Supcon Technology (Ticker "SUPCON") becomes the third company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange in 2023.

Chinese Company Zhejiang Supcon Technology Lists Its GDRs on SIX Swiss Exchange
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Zhejiang Supcon Technology Co., Ltd. placed 20,958,000 GDRs at an offer price of USD 26.94 per GDR, with one (1) GDR representing an interest in two (2) A-shares of the company. The A-shares of the company are listed on the Shanghai Stock Exchange. Zhejiang Supcon Technology Co., Ltd. raised gross proceeds of approximately USD 565 million from the GDRs offering.

Zhejiang Supcon Technology Co., Ltd. is a leading industrial automation and smart manufacturing solutions provider in the process industry.

More information about Zhejiang Supcon Technology Co., Ltd.

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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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