Chinese Company Shenzhen Senior Technology Material Lists Its GDRs at SIX Swiss Exchange

Today, Shenzhen Senior Technology Material (Ticker "SENIOR") becomes the eighth company to list Global Depository Receipts (GDRs) at SIX Swiss Exchange in 2023.

Chinese Company Shenzhen Senior Technology Material Lists Its GDRs at SIX Swiss Exchange
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Shenzhen Senior Technology Material Co., Ltd. placed 12,684,800 GDRs at an offer price of USD 9.46 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 at the Shenzhen Stock Exchange. Shenzhen Senior Technology Material Co., Ltd. raised gross proceeds of approximately USD 120 million from the GDRs offering.

Shenzhen Senior Technology Material Co., Ltd. is a lithium-ion battery separator manufacturer. The company was founded in 2003 and accumulated 20 years of industry experience in research and development, production, and sales of lithium-ion battery separators.

More information about Shenzhen Senior Technology Material 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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