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TIANDILONG

News Details


25

2016

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11

Warmly celebrate the successful listing of "OTC" of Tiandilongg Pipe Industry!


On November 25, 2016, Tianjin Tiandilongg Pipe Industry Co., Ltd. held a grand listing ceremony in Tianjin Binhai Counter Exchange Market.

 

On November 25, 2016, Tianjin Tiandilongg Pipe Industry Co., Ltd. held a grand listing ceremony in Tianjin Binhai Counter Exchange Market. The successful listing of OTC is a great encouragement and incentive for us, and it also adds a strong impetus for the company's faster and better development, which is of great significance.Our company will take this as a new starting point, fully rely on the resources and advantages of the OTC platform, further strengthen the company's internal management, optimize the allocation of resources, seize the new opportunities for enterprise development, to provide customers with better quality products and services, and return to society.

 

 

Our company was founded on September 18, 2003, with a registered capital of 100 million yuan.Registered in Tianjin Binhai Hi-tech Zone Huayuan Industrial Park, factory address in Tianjin Jinghai Development Zone North, covers an area of more than 30,000 square meters, is a professional production of urban centralized heating with direct burial thermal insulation pipes and accessories of national high-tech enterprises, the company since its inception has always adhered to the "quality of survival, technology and development," the business philosophy of "continuous improvement of product quality and service, to meet the higher needs of customers" as the quality policy, adhere to the "quality of products and services, to meet the higher needs of customers.Since its establishment, the company has always adhered to the business philosophy of "survival by quality and development by technology", and taken the quality policy of "continuously improving product quality and service to meet the higher needs of customers", adhered to the corporate culture of "honesty, communication, understanding, caring and teamwork", and established an excellent team with high-quality professional and technical personnel and management personnel.The company always adheres to the principle of "tracking the world's first-class technology, creating domestic first-class products", and constantly innovates new products and researches and develops new technologies. As a patent pilot enterprise in Tianjin, the company has applied for a number of patents for its inventions, and became a scientific and technological enterprise of Tianjin Hi-Tech Zone in 2012.The company has introduced a large number of advanced production and testing equipment from home and abroad, the enterprise's production capacity, production scale, technical support and quality control level always ranked the forefront of the domestic industry.Over the past ten years, the company from scratch, from weak to strong, in the fierce competition in the market continues to grow and develop, the company's products and services throughout the country, is the country's five major power systems, provinces and cities cogeneration projects and centralized heating projects of the long-term friendly partners, is the Tianjin Energy Group, Tangshan Thermal Corporation, Henan Anyang Thermal, Hebei Construction Investment, Changzhi Zhangshan Power Plant, Huicheng Thermal, Hohhot City Development Company and so on.We are the long-term supplier of heating equipments for Tianjin Energy Group, Tangshan Thermal Power Corporation, Henan Anyang Thermal Power, Hebei Construction Investment, Changzhi Zhangshan Power Plant, Huicheng Thermal Power, Hohhot City Development Company and so on.

 

 

OTC Advantage:

The over-the-counter (OTC) market, or OTC market as it is known in the industry, is also known as the over-the-counter (OTC) market, which is a market where securities are bought and sold outside of a stock exchange.It mainly consists of the over-the-counter market, the third market and the fourth market.In layman's terms, in China, equity trading markets or platforms other than the Shanghai Stock Exchange and Shenzhen Stock Exchange Corporation can be called OTC markets.
In China, after more than 20 years of development, the OTC market (i.e., SZSE and SSE), although there are still some problems, has developed into a relatively mature market, and the general public's cognizance and acceptance of them are relatively high.However, the OTC market is relatively unknown to both enterprises with financing needs and investors with investment needs.This situation on the one hand indicates that the development of the OTC market is slow, and on the other hand, it also restricts the development of the OTC market.

Overseas OTC market represented by NASDAQ is fully developed and has been instrumental in helping entrepreneurial and technology-based enterprises accelerate their development.OTC market is an important part of China's multi-level capital market system, and plays a key role in perfecting the function of the capital market. 2012 President Hu Jintao clearly proposed in the report of the 18th Party Congress "deepen the reform of the financial system, improve the modern financial system that promotes macroeconomic stability and supports the development of the real economy, and develop the multi-level capital market".".OTC market can provide the market with the following functions:

First, directed financing function.The main function of the OTC market is to broaden financing channels and improve the bad situation of financing for small and medium-sized enterprises.In the current context of financing difficulties and expensive financing for small and medium-sized enterprises, the OTC market expands the scope of the capital market to gather and allocate resources, and provides small and medium-sized enterprises with financing tools that match their risk profiles.
Second, the function of circulation and transfer.Due to the high requirements of stock exchanges for enterprises to be listed, many SMEs have been rejected.The OTC market, with its flexible mechanism and lower listing requirements, provides a better place for the circulation and transfer of SMEs' equity.
Third, financial asset management function.OTC market listed enterprises generally belong to the developing enterprises, which provides a relatively high-risk and high-yield investment channel for investors with different risk preferences.
Fourth, standardized governance function.Companies to be listed are subject to intermediary structures (accounting firms, law firms, etc.) to conduct audits and investigations and help counseling norms, thus helping to provide a level of corporate governance.Of course, compared to listing on the stock exchange, the requirements for listing on the OTC market are much lower.
Fifth, venture capital exit function.Venture capital has become a powerful booster to promote the development of real industries.But the investment object to realize the listing is, after all, a long and difficult process, and the over-the-counter market will undoubtedly provide another stage for the exit of venture capital, and objectively help the development of venture capital funds.