Public Listing of Guangxi Yuchai Logistics Approved in the New OTC Market
www.chinatrucks.com:At 20:00 on July 31, we received good news from National Equities Exchange and Quotations that Guangxi Yuchai Logistics Group Co., Ltd., a subsidiary of Yuchai Group, has been approved to go public in the National Equities Exchange and Quotations. The stock is called “Yuchai Logistics” for short, and the stock number is 872072. Besides Guangxi WatYuan Filtration System Co., Ltd., Guangxi Yuchai Logistics Group Co., Ltd. is another domestic listed company in Yuchai system.
In November of 2015, Guangxi Yuchai Logistics Group Co., Ltd. launched the public listing application of the New OTC Market. The application was finally approved after 20 months under the increasingly strict audit of the New OTC Market, which is the result of the great support of the Municipal Government of Yulin, the powerful promotion from Yulin Group and strong collaboration of all employees of Guangxi Yulin Logistics Group Co., Ltd.
The public listing of Guangxi Yuchai Logistics Group Co., Ltd. could broaden the financing channel and platform, and lay a more solid foundation for future capital operation of the company and even Yuchai Group. Meanwhile, the public listing could enhance the influence and notability of the company remarkably in the industry. Through public listing, Guangxi Yuchai Logistics Group Co., Ltd. has comprehensively collated its business operation and development strategies, which solidified the foundation for enterprise development, solved potential problems and risks and regulated the administration structure. The sustained and healthy development of the enterprise will be promoted through the public listing.
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