Fudan-Zhangjiang makes efforts to list on sci-tech board

Updated:2019-03-13 (zjsfq.gov.cn)

Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd (FDZJ) recently announced its intention to list on the new science and technology innovation board at the Shanghai Stock Exchange.

The company plans to issue no more than 120 million A-shares at 0.1 yuan ($0.015) per share, and apply to the Shanghai Stock Exchange for A-shares listing and trading.

According to FDZJ, the listing on the new sci-tech board is intended to raise 650 million yuan, of which 240 million will be used for biomedical innovation and development projects.

FDZJ, established in 1996, is located at Zhangjiang Hi-Tech Park in Pudong New Area, Shanghai.

The company is principally engaged in R&D, production and sale of innovative bio-pharmaceutical products. To date, it has developed new technologies and products in the fields of genetic engineering drugs, photodynamic drugs and nano-drugs.