Hohhot company lists on US Nasdaq Stock Exchange
Making a splash in the US: shares in Hohhot-based Yangufang trade on the Nasdaq high-tech market. [Photo/Hohhot news network]
Yangufang International Group Co was officially listed on the internationally renowned Nasdaq Stock Exchange in the United States on March 28 – making it the first company from North China's Inner Mongolia autonomous region to list its shares anywhere in 2023.
Yangufang submitted a listing application to the US Securities Regulatory Commission in August 2022. It then submitted a prospectus to that body on March 1 this year and received listing approval from the Nasdaq on March 23.
Yangufang, based in Hohhot, capital city of Inner Mongolia autonomous region, is a national high-tech group.
The company's main business is scientific research of whole grains and deep processing for the whole oat industry production and supply chain.
The company's products include a range of oats products and a series of oat nutrition and health care products.