WeEn Semiconductors Attends Beijing Stock Exchange International Investor Promotion Event
Beijing, November 17, 2023
Recently, the Annual Conference of the Financial Street Forum 2023: Beijing Stock Exchange International Investor Promotion Event was held successfully in Beijing. The conference was attended by keynote speakers such as Yang Liu, Deputy Director of the International Cooperation Department of the China Securities Regulatory Commission, Zhao Weijiu, Deputy Director of the Beijing Local Financial Supervision and Administration Bureau, Wu Bo, Acting President of China International Capital Corporation, and Sui Qiang, General Manager of the Beijing Stock Exchange. WeEn Semiconductors Technology Co., Ltd. attended the forum, where Tang Ziming, Vice General Manager, CFO, and Secretary of the Board, gave an engaging roadshow presentation on behalf of the company to domestic and international investors.
Themed "Better China, Better World: Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefit", the forum invited leaders from the financial sector, heads of financial institutions, and experts and scholars to engage in in-depth discussions on current economic and financial hot topics, actively promoting new breakthroughs in shared economic development.
The Beijing Stock Exchange International Investor Promotion Event aims to attract more high-quality investors, encourage listed companies to focus on their core businesses and innovative development, and provide the market with a large number of reliable and trustworthy investment opportunities. It seeks to strengthen the investment environment, continuously optimize the investor structure of the Beijing Stock Exchange, accelerate the expansion of market participants in terms of quantity and types, improve trading valuation, and enhance market liquidity.
Sui Qiang, General Manager of the Beijing Stock Exchange, stated at the event that in the near future, they will focus on offering IPOs for high-quality companies that meet the criteria to go public for the first time on the Beijing Stock Exchange. They will support a group of companies with high market recognition and strong internal development dynamics to join the Beijing Stock Exchange. They will also strive to improve the quality of listed companies on the Beijing Stock Exchange, utilize Beijing's advantageous location and its global orientation, continuously expand international cooperation in terms of companies, investors, and products, enhance market supervision in an open environment, and provide efficient and convenient services for global investors to participate in China's capital market and share the benefits of innovative development.
During the roadshow session of the Beijing Stock Exchange Investor Promotion Event, four companies listed on the Beijing Stock Exchange and two companies listed on the New Third Board (NEEQ) were invited to participate. WeEn, as one of the first batch of companies undergoing review by the Beijing Stock Exchange, was invited to give a roadshow to investors. Mr. Tang Ziming, Vice General Manager, CFO, and Secretary of the Board of WeEn Semiconductors, presented a roadshow to domestic and international investors with the theme “WeEn Semiconductors for a Green Earth”. He provided a comprehensive overview of WeEn's corporate development journey and the iterative updates of its product technology. Taking WeEn's leading-edge silicon carbide technology as a starting point, he emphasized the important role that WeEn plays as a power semiconductor manufacturer in achieving carbon neutrality. He elaborated on the efforts made by WeEn in assisting the entire industry and ecosystem in achieving energy saving and carbon reduction goals.
Image: Tang Ziming, Vice General Manager, CFO, and Secretary of the Board of WeEn Semiconductors
Tang Ziming stated, “WeEn Semiconductors is a renowned power device supplier that focuses on the power semiconductor field. We have always been dedicated to exploring innovative technologies and developing the latest products. With continuous investment in reliable and efficient power semiconductor devices, we showcase our depth and breadth in achieving optimal efficiency in specific applications. By participating in the Beijing Stock Exchange Investor Promotion Event, we have gained a comprehensive understanding of first-hand information about the Beijing Stock Exchange. We have also felt the welcoming attitude of the Beijing Stock Exchange towards innovative companies. This event has important significance for the strategic plan of WeEn Semiconductors. Currently, WeEn is in the listing counseling period with the Beijing Stock Exchange. We believe that after successfully listing on the Beijing Stock Exchange in the future, the vibrant development of the exchange will further help the company expand its financing channels. This will lay a solid foundation and pave the way for our important strategic development in the future.”
As one of the representative companies participating in the direct listing review process of the Beijing Stock Exchange, WeEn's open and honest communication during this conference received positive feedback. The company's development prospects also attracted the attention of various institutions. After the conference, several international investment institutions actively reached out to the company, expressing strong investment enthusiasm and interest.
As of now, the total market value of listed companies on the Beijing Stock Exchange exceeds 270 billion yuan, with nearly half of them being national-level specialized and innovative Little Giants. 80% of the raised funds are invested in advanced manufacturing, digital economy, green and low-carbon sectors, showing strong innovation and growth potential.
About WeEn Semiconductors
WeEn Semiconductors specializes in the field of power semiconductors, inheriting over 50 years of core technology. With global sales points spreading across Greater China, Europe, Asia-Pacific, and the Americas, its products are applied in industries such as smart home appliances, electric vehicles, and communication industries, providing reliable and professional technical support for customers in their respective sub-industries. WeEn Semiconductors, mastering independent power semiconductor technology, has had its products verified and used by many well-known companies worldwide due to their excellent quality and performance.
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