Shenzhen Senior Technology Material Co., Ltd. placed 12,684,800 GDRs at an offer price of USD 9.46 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 at the Shenzhen Stock Exchange. Shenzhen Senior Technology Material Co., Ltd. raised gross proceeds of approximately USD 120 million from the GDRs offering.
Shenzhen Senior Technology Material Co., Ltd. is a lithium-ion battery separator manufacturer. The company was founded in 2003 and accumulated 20 years of industry experience in research and development, production, and sales of lithium-ion battery separators.
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About SIX
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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