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hand in hand with e-bang, capital operation is very simple. on september 25, 2024, changzhou ruihua chemical engineering technology co., ltd. (stock code: 920099) was listed on the beijing stock exchange.

changzhou ruihua chemical engineering technology co., ltd. publicly issued 16 million shares this time, with a total share capital of 76 million shares after the issuance. the issue price was 19.00 yuan per share, and the total amount of new shares raised was 304 million yuan. this public offering successfully introduced 10 strategic investors including suzhou suwen enterprise management partnership (limited partnership), citic construction investment co., ltd., citic securities co., ltd., and changzhou qitai venture capital partnership (limited partnership). citic securities co., ltd. serves as the sponsor (lead underwriter).

founded in 2007, ruihua technology is committed to providing chemical companies with complete technical comprehensive solutions based on chemical process packages. its main products are chemical process packages, chemical equipment and catalysts. the company's core business covers basic research and testing, process route and catalyst development, technology licensing, technical services, chemical equipment design and manufacturing, and new material technology development and preparation. it is a leading domestic petrochemical technology provider. in 2023, the company will achieve operating income of 394 million yuan and net profit of 114 million yuan. the company is located in changzhou city, jiangsu province.