Chinese Company Kunshan Dongwei Technology Lists Its GDRs on SIX Swiss Exchange

Today, Kunshan Dongwei Technology (Ticker "KUDO") becomes the fifth company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange in 2023.

Chinese Company Kunshan Dongwei Technology Lists Its GDRs on SIX Swiss Exchange
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Kunshan Dongwei Technology Co., Ltd. placed 5,888,000 GDRs at an offer price of USD 17.80 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. Kunshan Dongwei Technology Co., Ltd. raised gross proceeds of approximately USD 105 million from the GDRs offering.

Kunshan Dongwei Technology Co., Ltd. is an electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment.

More information about Kunshan Dongwei Technology Co., Ltd.

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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.
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