Listed on the Shanghai Stock Exchange ·603950.SH
Mayor Qie Yingcai of Xiangyang City met with Li Zuoyuan, Chairman of Changyuan Donggu, and his delegation.
On September 19, Mayor Qie Yingcai met with Li Zuoyuan, chairman of Changyuan Donggu Industrial Co., Ltd., and his delegation at the Nanhu Hotel. The two sides held in-depth discussions on deepening strategic cooperation and accelerating project construction.
On September 19, Mayor Qie Yingcai met with Li Zuoyuan, chairman of Changyuan Donggu Industrial Co., Ltd., and his delegation at the Nanhu Hotel. The two sides held in-depth discussions on deepening strategic cooperation and accelerating project construction.
Changyuan Donggu is headquartered in Xiangzhou District and specializes in manufacturing core engine components. The company has four subsidiaries in Beijing, Wuhan, and Xiangyang. In 2017, it achieved an output value of RMB 1.8 billion and a net profit of RMB 200 million. In line with its development strategy, the company is currently applying for a main-board listing on the Shanghai Stock Exchange. Xie Yingcai expressed his gratitude for Changyuan Donggu Group’s longstanding contributions to Xiangyang’s economic development and congratulated the company on its upcoming main-board listing. He noted that Changyuan Donggu has strong performance and capabilities, has maintained robust growth in Xiangyang over the years, and that cooperation between the two sides has steadily deepened. With the company now poised to go public, it stands at the threshold of a new phase of agile, accelerated development. Our city will spare no effort to provide comprehensive support services—covering funding, project construction, and other areas—to help the company prepare for its listing. We hope the company will take quality as its foundation, continuously develop new products, consolidate its existing market position, and build itself into a nationally renowned, industry-leading digital and intelligent high-end manufacturing enterprise.
Li Zuoyuan expressed his gratitude to the Xiangyang Municipal Party Committee and Municipal Government for their longstanding strong support of the company. He stated that Xiangyang boasts a solid industrial foundation, distinct locational advantages, and robust development momentum. Looking ahead, the company will gradually shift its development focus to Xiangyang, launching more high-quality projects and products in the city to make an even greater contribution to Xiangyang’s economic growth.
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Xiangyang Changyuan Donggu Industry Co., Ltd.
396 Zuanshi Avenue (Hongshantou Industrial Park), Xiangzhou District, Xiangyang, Hubei 441104, China
SSE Main Board: 603950
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