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




Published at




13 Jun 2023




Medium



Media














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.


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