Hongxiang shares to be listed on the New Third Board 2017 net profit of 6.29 million yuan

On April 27th, Shandong Hongxiang Automotive Interior Parts Co., Ltd. (hereinafter referred to as Hongxiang) has officially applied for the listing of the New Third Board. The listing information disclosed by the National Stock Transfer System shows that Yang Xiangqiang, Chairman of Hongxiang Co., Ltd. His son Yang Junren has a share of 79.49%, which is the joint actual controller of Hongxiang.

According to the announcement, Hongxiang's 2016 and 2017 annual operating income were 157 million yuan and 138 million yuan respectively; net profit was 253,400 yuan and 6,268,800 yuan respectively.

According to the data of the Dixinbeisan Institute, the main business of Hongxiang is the research and development, production and sales of automotive interior non-woven fabrics.

The sponsoring brokerage of Hongxiang Shares is the first securities, the legal consultant is Beijing Kangda Law Firm, and the financial audit is Ruihua Certified Public Accountants (special general partnership).

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