Good News | Parent company Jade Bird Fire successfully listed on Shenzhen Stock Exchange!
Published：2019-08-09 Reads：1559
On August 9, 2019, Jade Bird Fire （002960.SZ）, the parent of Zhengtianqi, made an IPO and officially went public on Shenzhen Stock Exchange, becoming the first A-share listed company in China’s fire alarm industry and having a far-reaching significance for exploring how fire alarm companies capitalize on the capital markets to achieve leapfrog development.
This IPO represents a milestone in the corporate history of Jade Bird Fire, and also a significant stride. The funds to be raised from this IPO will be invested in 4 production projects and 1 R&D center project. Along with the fundraising and investment project underway, Jade Bird Fire can upgrade its products technologically, increase production efficiency and expand capacities using new production technology and equipment on the one hand; on the other hand, the company may increase R&D input, better grasp the industry trends, improve product quality and accelerate product upgrading and new product launch; solidify its leading position in fire alarm markets and further increase its market competitiveness.
Since its inception, Jade Bird Fire has been persisting on brand building and technological innovation. Over the past 18 years, all Jade Bird Fire people worked together with a local root and global vision, safeguarding the wonderful, safe life of all peoples on the planet wholeheartedly by perseveringly rooting itself in the automatic fire alarm industry.
As a specialized manufacturer of automatic firefighting equipment under the name brand of Jade Bird Fire, Zhengtianqi Fire Equipment will act strictly according to the listing rules, actively progress and pursue technological innovation to provide customers with higher-quality products and trusted, professional services.
