News
GeTui IPO Listed on the Shenzhen Stock Exchange
Mar. 25th 2019, the IPO of Zhejiang Daily
Interaction Network Technology Co. Ltd (hereinafter abbreviated as “GeTui”) was
listed on the Shenzhen Stock Exchange. Mr. Cui Hongjun, Vice President of Citi
Orient Securities (hereinafter abbreviated as “COS”) attended the listing
ceremony and delivered a speech on behalf of the company. As the sponsor and
main underwriter of this IPO project, COS has been highly recognized by the
issuer, local government, regulators and other intermediary agencies.
COS sent a professional team to serve GeTui
and provided innovative solutions in the process of declaration and issuance.
At the meantime, COS supported the issuer to communicate with the regulators
with high efficiency for several times and helped regulators to better
understand and accept the new economy and new business format. With the efforts
of COS and other intermediary agencies, GeTui was so lucky to become the first
internet enterprise which got CSRC’s approval on its IPO in recent one and half
years.
(1) Type of Issuance: Initial Public Offerings
(2) Stock Code: 300766
(3) Issuing Amount: 40.1 million A Share
(4) Issuing Price: RMB 13.08 per share
(5) Fundraising Scale: RMB 525 million
GeTui is a professional service provider of
data intelligence. In early years, the company focused on providing third-party
push technology services for mobile application developers. In business
practice, an ecosystem closed-loop of data intelligence service with data
accumulation, management and application has been constructed. It became a new
economy with cross-integration of internet, big data, artificial intelligence
and cloud computing, and rapidly developed into a unicorn of big data industry.
The company's customers include many mainstream internet applications, such as
People’s Daily, Xinhua News Agency, Sina Blog, NetEase News, Didi Travel,
JD.com, Toutiao.com, Dianping, Meituan, Kuaishou, etc. With its focus on
"data intelligence" and innovation, the company continuously promotes
the integration of digital economy and real economy, and helps to improve the
vertical websites.