[ET Net News Agency, 26 November 2015] Nanjing Sample Technology (01708) said the Group
has completed share restructuring of Nanjing City Intelligent Transportation Co., Ltd. for
a potential quotation of the shares on the National Equities Exchange and Quotations
System (NEEQ) in the People's Republic of China and is in the process of filing an
application to the state-owned asset supervision and administration authority for the
share restructuring.
Intelligent Transportation is a subsidiary of the Group and 65% of its equity interest
is indirectly held by Sample Technology. Intelligent Transportation primarily engages in
provision of the core technology of the Internet of Things based on the combination of
visual identification and RFID radio frequency identification, and carries on the
businesses of intelligent transportation management and intelligent environmental
protection. (HL)
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IPO News
26/11/2015 10:34
Sample Tech's (01708) subsidiary plans to list on NEEQ