Chinese Company Jiangsu Eastern Shenghong Lists Its GDRs on SIX Swiss Exchange

Today, Jiangsu Eastern Shenghong Co., Ltd., Suzhou (PRC) (Ticker "DFSH"), becomes the ninth company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange.

Chinese Company Jiangsu Eastern Shenghong Lists Its GDRs on SIX Swiss Exchange
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Jiangsu Eastern Shenghong Co., Ltd. placed 39,794,000 GDRs at an offer price of USD 18.05 per GDR, with one (1) GDR representing an interest in ten (10) A-shares of the company. The A-shares of the company are listed on the Shenzhen Stock Exchange. Jiangsu Eastern Shenghong Co., Ltd. raised gross proceeds of approximately USD 718.3 million from the GDRs offering.

Jiangsu Eastern Shenghong Co., Ltd. is a chemical enterprise featuring vertical integration of the value chains and focusing on applications for renewable energy in China. The company’s product offerings include renewable energy materials and performance chemicals, petrochemicals and chemical fibers.

More information about Jiangsu Eastern Shenghong Co., Ltd.

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SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
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