Chinese Company Sunwoda Electronic Lists its GDRs on SIX Swiss Exchange

Today, Sunwoda Electronic Co., Ltd., Shenzhen (PRC) (Ticker "SWD") becomes the seventh company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange.

Chinese Company Sunwoda Electronic Lists its GDRs on SIX Swiss Exchange
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Sunwoda Electronic Co., Ltd. placed 28,759,000 GDRs at an offer price of USD 15.30 per GDR, with one (1) GDR representing an interest in five (5) A-shares of the company. The A-shares of the company are listed on the Shenzhen Stock Exchange. Sunwoda Electronic Co., Ltd. raised gross proceeds of approximately USD 440 million from the GDRs offering.

Sunwoda Electronic Co., Ltd. is active in the global lithium-ion battery industry and the product offering includes 3C battery, electric vehicle battery and energy storage system battery and solutions, and it has integrated capabilities in research and development, design, manufacturing and sales and constructed a complete industry supply chain. Sunwoda Electronic Co., Ltd. was founded in 1997 and it is headquartered in Shenzhen.

More information about the company is available here.

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SIX serves the Swiss and Spanish financial centers and a broad international client base, offering stable and efficient infrastructure services. SIX operates stock exchanges and provides services in securities, financial information as well as the payments business. The company is owned by its users (about 120 financial institutions). With over 4,400 employees and a presence in 20 countries, SIX generated operating income of CHF 1.6 billion and EBITDA of CHF 443.7 million in 2024.
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