Two decades of hard work—
a warm celebration of the company listing in A Share Market
On 9th December 2010, Hangzhou Nanfang Special Pump Industry Co., Ltd. has launched its initial public offering in Shenzhen Stock Exchange, becoming the first company listed in the growth enterprise market in Yuhang, Hangzhou (Stock Code: 300145). Zhu Jinkun, member of Hangzhou Municipal Standing Committee and Secretary of Yuhang Municipal Committee, Shen Yu, member of Yuhang Standing Committe and Vice Standing Governor, Shen Jinhao, Chairman of CNP, as well as company management, leaders of related departments in Yuhang and Renhe Town have attended the listing ceremony.
(Chairman Shen Jinhao delivering a speech)
(Zhu Jinkun, member of Hangzhou Municipal Standing Committee and Secretary of Yuhang Municipal Committee (right first) and other leaders attending our company's listing celebration reception)
Our company has issued 20 million shares of IPO, with 37.80 yuan each; the price earning ratio is 74.12, and the total raised capital is 756 million yuan. The opening price on the first trading day is 45 yuan.
(Chairman Shen Jinhao in interview with journalist from Fortune Globe)
As a leader in the stainless steel stamping pump industry, CNP is the first enterprise in China that has embarked on large-scale production of stainless steel stamping welded centrifugal pump. It is also the first professional manufacturing enterprise in China that manufactures stainless steel stamping welded centrifugal pumps with the highest volume of production and marketing. The performance indicators, market brand awareness, product quality of the company’s main products, such as CDL Vertical Centrifugal Multi-stage Pump, CHL Horizontal Centrifugal Multi-stage Pump, have always ranked first in the country and have won the trust of our clients at home and abroad. Furthermore, they have been included in the State High and New Technology Products Catalogue and List of Energy-saving Products Catalogue for Government Procurement.
(An exciting moment……when Chairman Shen Jinhao rings the listing bell at Shenzhen Stock Exchange)
(Group photo of the company management)
At 7 o’clock later that evening, a total of more than 100 people, including leaders of each department, worker representatives and some workers from the shop floor have gathered at the company’s multi-functional meeting hall and celebrated the company listing in the form of karaoke and dancing to express their heartfelt pride and joy.
Over two decades of arduous pioneering work has ensured the splendid image of CNP. From a new perspective, we firmly believe that CNP promises a splendid future. Riding on the wave of its successful company listing, all staff of CNP will, under the sagacious leadership of chairman, carry forward the great work, and set sail for an even brighter future of making CNP China’s great enterprise and the world’s famous brand in the pump industry.