Chongqing Runtong Industry Corp Ltd goes public
Chongqing Runtong Industry Corp Ltd was listed on the NEEQ (National Equities Exchange and Quotations) on March 1, liangjiang.gov.cn reported.
Established in 2006, the company is located at the Yufu Industrial Park in the Liangjiang New Area. It researches and manufactures for sale plastic vehicle parts and interior ornaments.
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Chongqing Runtong Industry Corp Ltd is a car parts manufacturer located in the Yufu Industrial Park at Liangjiang New Area. [Photo/ liangjiang.gov.cn] |
With a plant with over 10,000 square meters, Runtong is a major parts supplier for automobile manufacturers such as Volkswagen, Ford, Volvo, and Chang’an Automobile.
Runtong achieved revenue of 180 million yuan in 2013, 213 million yuan in 2014 and 149 million yuan in the first seven months of 2015.
Last year, Liangjiang New Area launched favorable policies to encourage companies to be listed on the stock exchanges.
Over the coming three years, Liangjiang will strive to account for 30 percent of the total capital in Chongqing Municipality and thus become a capital hub in west China.
