JD Capital’s Three Investee Companies to Land on Capital Market
On October 15th, JD Capital got good news that its three investee companies would be listed soon. The IPO application of Jiangmen IDEAR HANYU Electric Appliances Co., Ltd. and Guangxi Liuzhou Pharmaceutical Co., Ltd. were approved and the former would be listed on the A-share market. Sino Great Wall announced its backdoor listing scheme through buying Shenzhen Victor Onward Textile.
Since China reopened the market for initial public offerings in 2014, many investee companies of JD Capital have been listed on A-share markets. JD Capital thought listing on the market was not the final goal for asset management firms. It aimed to help investees achieve common development and become stronger based on its advantages on capital markets.