The company was successfully listed on the New OTC Market

The company was successfully listed on the New OTC Market

On October 23rd, Yidu Tongxin Precision Forging Co., Ltd. was officially listed on the National Equities Exchange and Quotations (referred to as "New OTC Market"), with the company abbreviation "Tongxin Precision Forging" and the stock code 874787.

Since its establishment, the company has been dedicated to the research and development, production and sales of automotive forged parts and other specialized forgings. It has systematically mastered core processes and technologies such as precision forging, mold design and precision processing, and has gradually grown into one of the leading enterprises in China in the research and development and manufacturing of key precision forgings such as automotive engine connecting rods and ball neck arms. The company has been awarded titles such as National High-tech Enterprise, National Specialized, Refined, Unique and Innovative "Little Giant" Enterprise, Hubei Province Manufacturing Single Champion Enterprise (Ball Neck and Arm), and Hubei Province Hidden Champion Enterprise in the Specialized Field of Pillar Industries.

The successful listing on the New Third Board marks the company's official entry into the capital market and lays a foundation for future transfer listing and connection with higher-level capital markets. The company will fully leverage the advantages of its capital platform to optimize resource allocation at a higher level, in a broader field and on a wider scale. It will comprehensively optimize and upgrade enterprise management, human resources, technical equipment, product services and other aspects, promote enterprise innovation and high-quality development, and strive to build the company into a first-class enterprise specializing in the research and development and manufacturing of professional forgings in the field of precision forging in China.