In December 20, 2016, Lily Group Limited by Share Ltd successfully landed on the Shanghai Stock Exchange.
Lily Group Limited by Share Ltd officially listed on the Shanghai Stock Exchange A-share motherboard, stock code "603823", referred to as "lily". The number of initial public offering of new shares were 45 million shares. The number of shareholders offering shares were 11,250,000 shares, accounting for 25% of the total share capital issued after the issue. The total share capital after issuance would reach 225 million shares, with the issue price of 10.60 yuan per share and issue price earnings ratio of 22.08 times. The total amount of the raised funds was about 477 million yuan. On the first day listed on the Shanghai Stock Exchange, "Lily" rose to 43.96% in an instant after opening, reaching the upper limit of the day's increase, to 15.26 yuan.
Lily Group Co., Ltd. was founded in 1995. The company is a leading enterprise in the industrial industry of Zhejiang Province and a national high-tech enterprise. It has a national enterprise technology center, a national postdoctoral workstation, and a provincial key enterprise research institute. The company has passed ISO9001, 14001, and 18001 system certification, and has a R&D team led by academicians and professor-level senior engineers, including senior engineers, masters, and a large number of professional university graduates. It has 34 invention patents and participating in the formulation of 5 national standards, leading and participating in the formulation of 22 industry standards. It also has 39 provincial-level new products, including 4 national-level new products, and more than 4 new products are recognized as provincial-level industrial new products every year.
Lily Group has established a relatively complete sales network at home and abroad, and owns the right of self import and export. The products are exported to many countries and regions in Europe, America and Asia. The products are mainly used in the field of high-end coatings, inks and polymer materials coloring. Several specifications are exclusive pigments provided for Shanghai Mint.
