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“Before going public, I always focus on the funds. After going public, I only focus on the products.”

Author: Xin Guoqi and Ren Huiyuan from Sino-Foreign Management Media

Source: Excerpted from "Towards Industrial Civilization - Pacific Precision Forging's 30 Years of Growth Revelation" produced by China and Foreign Management Media

A "night-shining pearl" was found in the desert

On August 26, 2011, in the hall of Shenzhen Stock Exchange, in front of a bright red background screen surrounded by flowers, a huge golden bell was hung in the center. As Xia Hanguan (Chairman of Jiangsu Pacific Precision Forging Technology Co., Ltd.) put down the bell hammer tied with red silk, a deep and loud sound of "dong" echoed in the hall. The host held up a tablet in his hand and shouted: "Stock trading code 300258, issue price 25 yuan per share, opening price 35.90 yuan per share, congratulations to Precision Forging Technology for its grand opening!"

As a result, Pacific Precision Forging was officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market, completing its transformation from a private enterprise to a public company. It also became the first Growth Enterprise Market-listed company in Taizhou and the first Growth Enterprise Market-listed company in the domestic precision forging industry.