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TIANJIN, China, June 25, 2021 /PRNewswire/ — On June 15, Aima Expertise (SHA:603529), a number one Chinese language e-bike producer, introduced its Preliminary Public Providing (IPO) on the Shanghai Inventory Trade (SSE). The worth of the agency’s share rose to the trade’s most allowed day by day restrict on the primary day of buying and selling.
Aima’s itemizing on China’s A-share market additional cements the corporate’s position as an business chief and gives it with sturdy monetary assist to speed up its transformation. The corporate can be anticipated to have an immeasurable affect on the electrical two-wheeler business worldwide, additional enhancing the agency’s world market management.
Aima accelerates its end-to-end transformation with the funds raised
The 1.681 billion yuan (approx. $US 259.7 million) in funds raised will primarily be utilized in capability growth, know-how R&D, clever manufacturing and to construct out its gross sales community.
Aima’s immense funding in know-how R&D is the most important eye-catcher. As of December 31, 2020, Aima held 923 Chinese language patents (11 invention, 218 utility and 694 design), along with 37 registered copyrights. Of the funds raised, 101 million yuan (approx. $US 15.6 million) has been earmarked for the development of its analysis middle, which is able to home beneath one roof services for the commercial design of electrical bicycles, design of key components, clay modeling, 3D digital modeling and analysis on their general efficiency, serving as an necessary driving power for Aima throughout a interval that’s witnessing impactful change throughout the sector.
Aima goes public amid a trade-in craze that’s set to reshape the business
Aima has set its gross sales goal for 2021 at an unprecedented 16 million items, with the subsequent three months budgeted at an much more bold 6 million automobiles. With the assist from the capital market, Aima plans to additional increase capability, and beef up its manufacturing and channel benefits whereas rising market share.
Going public gives Aima much more of a aggressive edge over its rivals, with the expectation that it’ll in the end reshape your complete business.
Going public accelerates Aima’s development within the inexperienced financial system worldwide
The itemizing paves the best way to make Aima a family identify and brings extra consideration to the electrical two-wheeler business, particularly towards the backdrop of the low-carbon financial system globally. Many nations have already begun to extend their efforts in constructing their very own medium- and short-distance mobility sectors with probably the most consideration being given to electrical bikes, forewarning that market competitors will quickly attain a stage of fierceness past something that may be imagined right now. Embarking on its worldwide growth very early within the sport, Aima will take its itemizing as a possibility to additional speed up its development worldwide.
For Aima, going public isn’t an finish, however a testomony to its unremitting efforts of the previous 20 years and a place to begin for its subsequent stage of development. Aima, with innovation in know-how as the important thing driver, is anticipated to guide a brighter future for the Chinese language electrical two-wheeler business, with assist from the capital market.
About Aima Expertise
Based in 1999, Aima Expertise Group is dedicated to turning into the world chief in private transportation fueled by renewable power sources. The corporate has succeeded in sustaining its wholesome development by way of the creation and implementation of a consumer-centric progressive system. Following greater than a decade of growth, it has develop into the most important producer of e-bikes in China. For extra data, please go to Aima’s official web site.
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