When will Weiao shares be listed?

According to the latest news, Qingdao Weiao Rail Co., Ltd. will start buying new shares next week. The stock is referred to as Weiao shares, the purchase code is 707001, the stock code is 605001, and the top purchase market price is 300,000 yuan. Next, Jin The investment editor will introduce when Weiao stocks will be listed

Qingdao Weiao Rail Co., Ltd. has advanced processing, R&D and testing equipment at home and abroad. Through standardized management, leading technology and excellent innovation capabilities , can provide in-depth assistance to customers to achieve the overall development and one-stop procurement services of rail transit vehicle products such as high-speed railways. The company has established partnerships with major vehicle manufacturing companies such as Changchun Bus, Tangshan Bus, Qingdao Sifang and the joint venture Sifang Bombardier, which are affiliated to CRRC A stable cooperative relationship has been established.

From 2016 to 2018, Weiao Co., Ltd. achieved operating income of 898 million yuan, 1.149 billion yuan, and 1.511 billion yuan respectively, with a compound growth rate of approximately 29.72; net profits of 115 million yuan were achieved respectively. yuan, 151 million yuan, 210 million yuan, with a compound growth rate of approximately 3.513. In the first half of 2019, the company's operating income and net profit were 701 million yuan and 65.8639 million yuan respectively. The company's main business includes automotive auxiliary products, etc. The ratio of operating income to total operating income is above 95.