Allied Rongda joy to be listed on the letter, will soon be listed on the NEEQ

2017-09-19

Sep. 19, 2017 - Recently, Beijing Allied Rongda engineering material Limited by Share Ltd (hereinafter referred to as the "Allied Rongda") successfully received the "Beijing Allied Rongda engineering material Limited’s trading approval (share transfer system letter [2017] No. 1039)” from the NEEQ (National Equities Exchange and Quotations), approved Allied Rongda to trade in the National SME share transfer system listed (securities referred to: Allied Rongda Stock Code: 871153), Allied Rongda is currently going through standard procedure listed in accordance with the relevant provisions.

Since the 2016 reform of the shareholding system, Allied Rongda started to organize the application for NEEQ. With the help and support of leaders at all levels, sponsored brokers, lawyers, accountants, appraisers and other institutions under the guidance of the joint efforts of all staff, Allied Rongda further improved the governance structure, highlighted the risk control system, standardized processes, strengthened internal control and improved the financial system. Finally ushered in February 27, 2017 ushered in the victory, Allied Rongda won the NEEQ’s approval, formally allowed to attend the NEEQ , opened the gate to the capital market - marking that Allied Rongda will enter a new stage of development!

We take this opportunity to thank all colleagues of the Allied Rongda’s trust, help and support! In the lead of Allied Rongda chairman Dr. Zhang Ronghui, with the NEEQ platform, to our own requirements to higher standards, adhere to the "high efficiency to help customers solve the problem of" business purpose, to provide customers with more "environmental friendship, more relaxed, more efficient" quality service, to further standardize the management, scientific management, improve performance - to build the company with excellent enterprise sustainable development ability, better returns to shareholders and serve the society!