NBD AI Bulletin -- Beijing Jiaoda Signal Technology Co., Ltd. (The Company) announced on the evening of July 15th that it will be listed on the Shenzhen's ChiNext Board on July 17, 2020, with an abbreviation Jiaoda Signal and stock code 300851. The total share capital after the initial public offering is 86.9334 million shares. The number of shares to be issued through the initial public offering is 21.7334 million and all of them are new shares. The offering price is 28.69 yuan per share and the Company is expected to raise about 533 million yuan. After the IPO, the Company's net asset value per share is 12.30 yuan and earnings per share is 1.34 yuan. 

According to the 2019 annual report, Beijing Jiaoda Signal Technology Co., Ltd. mainly engages in transponder system, locomotive signal CPU components, track circuit reader, and other businesses, accounting for 66.92%, 20.36%, 11.15%, and 1.57% of its revenue, respectively.

The chairman of Beijing Jiaoda Signal Technology Co., Ltd. is Li Wei, male, 47 years old, Chinese national, no permanent residence abroad, with a bachelor's degree from Beijing Jiaotong University. The general manager of Beijing Jiaoda Signal Technology Co., Ltd. is Ren Xinguo, male, 54 years old, Chinese national, no permanent residence abroad, with a master's degree from Beijing Jiaotong University.

(By Tan Yuhan)

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