Friend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million.
September 10, 2020 at 05:00 am
Share
Friend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 75,000,000
PriceRange: CNY 10.9
Friend Co Ltd is a China-based company that provides complete steel logistics supply chain services for mid- to high-end automotive, home appliance and other industries or their supporting manufacturers. Its supply chain services include procurement, processing, warehousing, cutting, packaging, transportation and distribution, etc., as well as corresponding technical support services. The Company's products are divided into processing and distribution steel and non-processing and distribution steel, including galvanized steel, cold rolled steel, hot rolled steel, electrical steel, color coated steel and other steel coils or sheets. Its related products are used in the production of metal parts such as high-end automobiles and home appliance manufacturing. The Company mainly conducts its businesses in the China market.
FRIEND CO.,LTD. 
