Two Jiading enterprises, namely Shanghai Henghua Metal Packaging Co and Shanghai Furui Cable Co, in Waigang town of the district were listed on the Shanghai Equity Exchange on Oct 28. Fei Xiaomei, deputy director of Jiading district, attended the stock listing ceremony.
Shanghai Henghua Metal Packaging Co, founded in 2005, is engaged in manufacturing metal barrels and tins for chemical enterprises. The company, with its advanced technologies, has an annual sales revenue of 30 million yuan ($4.9 million).
Shanghai Furui Cable Co, founded in 2001, is a provider of communication cables, optical cables and tail fiber products. The company boasts over 10 years of experience in the communication industry. Its clients are mainly well-known communication enterprises in the country.
The Shanghai Equity Exchange has become a direct financing site for small and mid-sized enterprises. It also plays an important role in promoting company development and brand image.