Time to market for Fosda

Fausta listed companies will be listed on the main board of Shanghai Stock Exchange on June 30th, 2023. The stock is called "Fausta" for short and the stock code is "603 173".

Fausta is also the director of the Gas Separation Equipment Branch of China General Machinery Industry Association, participated in the formulation of group standards "Made in Zhejiang" and "Steel Tube Heat Exchanger", and obtained the qualifications of national high-tech enterprises, Zhejiang Enterprise Technology Center and Provincial Enterprise Research Institute. The products have been successively awarded as National Torch Project, Zhejiang High-tech Products, the first set in Zhejiang Province, Hangzhou Science and Technology Progress Award, China Gas Industry Famous Brand Products, Hangzhou Famous Brand Products, etc.

In recent years, the adjustment of national energy structure, the upgrading of industrial transformation strategy, and the development of strategic emerging industries such as aerospace, semiconductors, polysilicon, new energy batteries and hydrogen energy have provided broader market opportunities for the development of cryogenic equipment industry.

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Fosda has been deeply involved in the industry for many years, and has accumulated a lot of research and development, design, manufacturing technology and rich experience in project implementation of cryogenic equipment. At present, the company has developed into one of the few enterprises in China with R&D design, production and manufacturing capacity of 80,000 m3/h oxygen production.

Through the implementation of specific projects, Fushida has continuously improved its own technology and design level in practice. Through continuous technology and process innovation, according to the actual working conditions and needs of customers and projects, it has realized the optimization of pipelines, components and systems and improved the overall operating efficiency of equipment. Through the continuous accumulation of projects, the company's own technical level and design ability have also made breakthroughs.