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SCGC’s 122nd Portfolio Company IPO – Chengbang Holdings Successfully Lists on Shanghai Stock Exchange

作者:SCGC | 日期:2017-06-23 08:25:57

On June 19, Zhejiang Chengbang Landscape Co., Ltd. (“Chengbang Holdings”, stock code: 603316), an SCGC portfolio company, launched its initial public offering on Shanghai Stock Exchange, becoming the 10thIPOed SCGC portfolio company since the beginning of 2017, and the 122nd since SCGC’s establishment. 

Chengbang Holdings, formerly known as Zhejiang Eastern Municipal Landscape Engineering Co., Ltd., which is established in 1996, registered overallchanges in 2012. The companyintegrates landscape design, construction, maintenance, and seedling planting. It focuseson municipal and real estate landscapes, and continues to extend its business scope. Landscapes constructed by the company have won multiple national and provincial awards. 

SCGC, along with its Zhejiang Hotland Fund and Hangzhou Hotland Fund, invested Chengbang Holdings in May 2012 and continues to provide value-added service to help it grow and enter into the capital market.

SCGC’s Chairman Zewang Ni, Vice President Bo Liu, Executive General Manager &Chengbang investment team representative Yushun Yin are invited to the Listing Ceremony.