Puhua Capital portfolio company Jindao Technology successfully lists

Zhejiang Jindao Technology Co., Ltd. (Jindao Technology, stock code 301279), a Puhua Capital portfolio company, listed on the ChiNext board today, offering 25 million new shares at an issue price of 31.20 yuan per share; it is currently up 37.88%. Founded in 2003, Jindao Technology focuses on overall technical solutions for industrial vehicle drivetrains, holds multiple core technologies for mechanical, hydraulic, and electric forklift transmissions, owns nearly 100 invention and utility model patents, has a domestic market share of over 20%, and maintains long-term cooperation with forklift manufacturers such as Hangcha Group, LiuGong, and Mitsubishi Heavy Industries.