Chinese stationery companies are favored, and Binbin Stationery's stock price rises rapidly
According to the latest data from the US NASDAQ (NASDAQ) stock market on February 2, Ningbo Binbin Stationery Co., Ltd.’s listed stock price has so far been close to the US$5 per share mark. The US$0.18/share has risen to the current US$4.99/share, and the company’s market value has also increased by more than 10 times. MicrosoftInternetExplorer402DocumentNotSpecified7.8 pounds Normal0 On August 2, according to the latest data from the US NASDAQ (NASDAQ) stock market, Ningbo Binbin Stationery Co., Ltd.'s listed stock price has so far approached the US$5 per share mark. From February this year At the time of listing on the 16th, the value of US$0.18 per share rose to the current US$4.99 per share, and the company’s market value has also increased to more than 10 times. In just six months, the main reason why Binbin's stock price has risen so rapidly is that American stockholders are very optimistic about the development prospects of China's stationery industry. As a powerful enterprise in Ninghai, after more than ten years of development, Binbin has become a well-known enterprise in the domestic stationery industry, and has been listed as one of China's top 100 companies with the most development potential by the internationally renowned magazine 'Forbes' for two consecutive years. Since signing a merger agreement with American shell company Dickie Walker Marine on February 15 this year, within the legally prescribed time limit in the United States, the merger agreement has successfully passed the review of the US Securities Regulatory Commission (SEC), and Binbin successfully merged with the original listed company. . After going through the relevant legal procedures in the United States, on July 18, the original listed company officially changed its name to China Stationery Office Supplies Supply Company, and its stock code was changed to CSOF. Ob, and formed a new company board of directors, and Wei Chenghui, chairman of Binbin Company, served as the chairman and chief executive officer of the listed company. This signifies that the company has completed all the work of buying shells to go public, becoming the first Chinese stationery company to successfully land in the US NAS-DAQ in a true sense. The successful listing of Ningbo Binbin in the United States has not only greatly enhanced the company's international reputation and influence, but also provided the company with a very good platform for international development. The company’s chairman and CEO Wei Chenghui said that in the future, they will carry out strict management on this platform in accordance with the rules of listed companies in the United States. While expanding and strengthening the stationery industry, they will also actively look for mergers and investments with more development potential. The project should develop towards a cross-industry and diversified group.