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Shaoxing company goes public on Shenzhen Stock Exchange

chinadaily.com.cn| Updated: September 7, 2021 L M S

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Representatives of Shaoxing-based Yoantion Industrial Inc Ltd celebrate the company's being listed on the Shenzhen Stock Exchange on Sept 1. [Photo/WeChat account: sxfabu]

Yoantion Industrial Inc Ltd, which is based in Shaoxing, East China's Zhejiang province, was listed on the Shenzhen Stock Exchange on Sept 1.

The company is the eighth company in Shaoxing to go public this year.

Founded in 2010, Yoantion Industrial is a company specializing in manufacturing machinery for textile, printing, and dyeing.

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The research center of Yoantion Industrial Inc Ltd in Shaoxing, Zhejiang province. [Photo/WeChat account: sxfabu]

The company has now developed into a high-tech firm with national recognition. Its research center was recognized by the Zhejiang Department of Science and Technology as a provincial-level research and development center.

To date, the company possesses 134 patents, nine of which are patents for invention. It has also been granted 11 software copyrights.