SCI Successfully Listed on Shenzhen Stock Exchange
Sublime China Information Co., Ltd. (abbr. as SCI) successfully listed on Growth Enterprise Market (GEM) of Shenzhen Stock Exchange (SZSE) with the ticker of 301299 on October 19, 2022. It raised funds of CNY 449.85 million in total on the basis of the issue price of CNY 29.99 per share. The share witnessed significant increase after the opening, which indicates full recognition of SCI in the capital market.
This marks a new journey. SCI will continue contributing to China, to society and to investors.
Zhao Qingwen (Deputy Secretary of Zibo Municipal Party Committee and Mayor of Zibo City), Song Zhenbo (Member of the Standing Committee of Zibo Municipal Party Committee and Deputy Mayor of Zibo City), Zong Zhijian (Secretary General of Zibo Municipal Government), Guo Qing (Secretary of Zhangdian District Party Committee), John Cai (Vice Chairman of the Board and CEO of SCI), and other government officials, SCI executives, business partners and colleagues from various sectors attended the event.
Taking neutrality, professionalism and focus as principles, SCI tracks, records, analyzes, assesses and studies the commodity market since its establishment in 2004. As a professional intelligence provider, SCI provides market information, consulting, as well as events and exhibition services covering the fields of energy, chemical, agriculture, metal, etc. SCI is committed to establishing a pricing benchmark system in commodity field, so as to provide basis for commodity transactions and enhance China’s influence in the global commodity market.
So far, SCI has accumulated over 3 million registered users. Over 150 clients are among the Fortune Global 500 and their subsidiaries, including industry participants, futures and commodity exchanges, financial institutions, government agencies, scientific research institutions, media, etc. SCI supports customers in price monitoring, strategy formulation, decision-making, investment, industry research, etc. with professional products and services. In addition, SCI cooperates with the National Bureau of Statistics, National Development and Reform Commission, Ministry of Agriculture and Rural Affairs, Xinhua News Agency, CCTV, etc., facilitating price monitoring, industry fundamentals analysis, prosperity research, industry policy formulation, etc. and creating positive social effect.
“The listing will inject strong power into the development of SCI.” John Cai (Vice Chairman of the Board and CEO of SCI) said at the bell-ringing ceremony. Mr. Cai also said that the proceeds from this fundraising will be used for innovation and growth of SCI’s main business and core technology, which will further improve the service of the big data platform, and further enhance the research and development of the spot commodity market price benchmarking system, comprehensively optimize and upgrade data asset, customer resource and service model, continuously strengthen the core competitiveness and sustainable development of SCI’s main business, further consolidate and improve SCI’s competitive edge and create sustainable value for customers and society.
With China’s IT and big data industry development accelerating, SCI has used data and information to help customers in various supply chains to manage price risks and make business decisions efficiently, promoting market transparency, digitalization, facilitation and the healthy development of the commodity industry.
The support and trust from customers and all sectors of society have endowed SCI the strength to move forward bravely. The listing marks a new start for SCI. Only by continuously improving SCI’s core competitiveness and sustainable development can SCI provide better products and services, and realize the dream of “becoming the benchmark in China’s commodity information industry and competing for global commodity pricing voting for China”. There’s still a long way to go, but SCI believes in a promising future.
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