Accelerating the integration of technology and capital, and driving innovative corporate development.

At 9:30 AM on March 20, 2020, the ceremonial opening bell resounded through the 24th-floor trading hall of the Hunan Securities Exchange, marking the official launch of the Hunan Science and Technology Innovation Board.

Xiangtan Electric Locomotive Factory Co., Ltd. successfully went public on this momentous day. We are proud to be one of the inaugural 16 listed enterprises in Hunan Province, and the exclusive listed enterprise representing Xiangtan City. Stock Code: 100016HN.

Xiangtan Electric Locomotive Factory Successfully Listed on the Hunan Sci-Tech Innovation Board

The Strategic Epicenter of Innovation

The Hunan Science and Technology Innovation Committee represents a crucial strategic initiative by Hunan Province to seize the opportunities presented by China's capital market reforms. It aims to accelerate the high-level integration of technology and finance while advancing the provincial development blueprint of "Zero-to-One Breakthroughs and Multiplication" (exponentially increasing the number of listed companies).

According to the Work Plan for the Establishment of the Sci-Tech Innovation Committee in the Hunan Regional Equity Market, this entity is jointly guided by the Hunan Provincial Local Financial Supervision and Administration Bureau, the Department of Science and Technology, the Department of Industry and Information Technology, the Department of Finance, and the Hunan Bureau of the China Securities Regulatory Commission (CSRC). It is actively supported by Hunan Chasing Financial Holding Group, hosted by the Hunan Securities Exchange, and co-hosted by the Hunan Technology Property Exchange.

An "Incubator" for Future Industry Titans

According to the strategic master plan, the Hunan Sci-Tech Innovation Board is positioned as the ultimate "incubation harbor" and "accelerator" for innovative enterprises within the province. Its core mission is to facilitate these enterprises' seamless transition to the STAR Market of the Shanghai Stock Exchange and the ChiNext Market of the Shenzhen Stock Exchange.

The Board's primary target demographics include:

Enterprises pioneering cutting-edge technologies and addressing critical national strategic needs.

Companies that have achieved massive breakthroughs in core technologies and secured high market validation.

"Unicorns" and "Hidden Champion" companies strictly focused on emerging technologies, new operational paradigms, and innovative business models.

About Xiangtan Electric Locomotive Factory Co., Ltd.

As one of the inaugural batch of 16 listed enterprises, Xiangtan Electric Locomotive Factory Co., Ltd. is a comprehensive joint-stock enterprise integrating the R&D, manufacturing, and comprehensive servicing of underground transit equipment and power battery systems. Backed by over 20 years of profound industry expertise, the company's locomotive sales volume has consistently ranked among the top three nationwide.

Characterized by our "core technologies, rapid exponential growth, and robust IPO prospects," our company has garnered numerous prestigious national and provincial accolades, including: