Weigang Technology listed on Shenzhen Stock Exchange

During the listing ceremony, Zhou Bingsong, chairman of Weigang Technology expressed his welcome and thanked all leaders, customers and partners supporting and trusting in  Weigang Technology. 

‘The successful A-share listing of Weigang Technology is not only an important milestone in our development but also carries the dream of all employees. It is a new starting point and a new route for the development of our company,’ commented Zhou.

Founded in 2007, Weigang Technology has become one of the leading manufacturers of label printing equipment in the region. Its best-selling products include intermittent PS press, flexo press and post-press equipment such as die-cutting machines. The company also integrates a variety of optional functions such as stamping, die-cutting, polishing, laminating and slitting, which can be customized according to customers' needs.

Weigang Technology’s machinery is widely used in the chemical, wine, food, beverage, pharmaceutical, household, anti-counterfeiting, ticketing and electronic market segments. In addition to serving the domestic market, the company’s products are also exported to more than 80 countries in Europe, America, Africa, Australia, the Middle East and Southeast Asia.

In 2020, Weigang Technology developed a high-speed rotary offset press, which can print labels and packaging, expanding its product types from narrow-web to medium-web presses and expanding its product application from label printing to the packaging printing field.

In 2021, the company achieved operating revenue of 451 million RMB (64.5 million USD) and a net profit of over 96 RMB (13.7 million USD).

‘This listing is not only the affirmation of the enterprise's hard work but also provides a broad stage for the further development and growth of the company. We will take this as a new starting point and keep efforts to develop automation, digitalization and intelligence in the future,’ concluded Zhou.