On April 6, 2023, the bell-ringing ceremony for the listing of Xinxiang Huaxi Technology Co., Ltd. (stock abbreviation: Huaxi Tech, stock code: 872895) was held at the Beijing Stock Exchange. Huaxi Technology became the first agricultural machinery equipment manufacturer listed on the Beijing Stock Exchange(BSE) enterprise.
The successful listing of Huaxi Technology is not only an important milestone in the development of the company but also a vivid epitome of promoting industrial transformation and high-quality development of the company.
Mr. Meng, chairman of Huaxi Technology, said that the company would take the listing as an opportunity, leverage the capital market, continuously strengthen independent innovation, deeply tap the development potential of the enterprise, give full play to its supporting role, and lead the high-quality baler products development of the industry.
The funds raised from this IPO will be used for the intelligent upgrading, reconstruction, and expansion project of an annual output of 5,000 agricultural harvesting machinery and supplementary working capital. As the first stock of agricultural machinery equipment on the Beijing Stock Exchange, Huaxi Company’s position in the industry is expected to be further consolidated.
Huaxi Technology Co., Ltd. is a global provider of quality baling machines. With 15 years of expertise, we have earned the status of a “National High-tech Enterprise” and received many accolades for our work. We offer three series, 13 models, and 25 configurations of balers. Our steadfast goal is to maintain our dedication to delivering excellent baler solutions to customers locally and globally and become a world-leading baler supplier.