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Ways Electronics successfully listed on the main board of the Shanghai Stock Exchange

2020-09-28

On September 28, Ways Electronics Co., Ltd. (stock abbreviation "Ways Electronics", stock code "605218") was officially listed on the main board of the Shanghai Stock Exchange. In the morning of the same day, WAYS Electronics opened at 10.97 Yuan per share, and soon rose by 44.01% to 15.80 Yuan per share, hitting the "daily limit line" .


Ways Electronics is mainly engaged in the research and development, production and sales of backlight display modules, liquid crystal display modules, automotive decorative panels and other products. The company's products are mainly used in high-end automobiles, mobile phones, laptop, digital cameras, small game consoles, industrial control displays, etc. field. In addition, with leadin g product technologies the company also develops, produces and sells touch screens, rubber parts, hardware and other products.


Since its establishment, the company has continued to cultivate the field of backlight display modules. Through continuous technology innovation and deepeniy integrate production capacity, it has created high-quality products with leading technology, excellent quality and comprehensive services. It has become a global vehicle backlight display module and One of the leading companies in the field of automotive decorative panels. In recent years, the company has established long-term and stable cooperative relations with Sharp, JDI, TIANMA, Kyocera, Panasonic, Mitsubishi, CSOT and other world-renowned companies. The terminal application car companies include Ford, GM; Mercedes-Benz, BMW, Audi, Jaguar, Volkswagen ,; Toyota, Nissan, Mazda, Honda, and Volvo, Chery, Geely and so on. The company has also won unanimous recognition from customers for its high-quality standards, high execution, integrity and compliance, and has been rated as an excellent supplier of the year by many customers. In addition, the company has established an excellent quality control and assurance system, and has introduced ISO9001 quality management system, ISO14001 environmental management system and IAFT16949 automotive industry quality management system. It has a number of invention patents, utility model patents and appearance patents, and has won the "National High-tech Enterprise" certification, Jiangsu Enterprise Technology Center, etc.


The funds raised from IPO will be mainly used for the expansion of the backlight modul and the new construction of decorative panels, the automation of the production line and the construction of the R&D center.


Ways Electronics will use this new platform and opportunity to improve its management level, strive to improve its capital operation capabilities, and build WAYS Electronics into a high-quality listed company to share more value with investors.


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