SND firm listed on Shanghai Stock Exchange

Motorcomm Co Ltd, a firm located in Suzhou New District, was listed on the STAR Market of the Shanghai Stock Exchange on Feb 10.

Gu Haidong, executive vice-mayor of Suzhou, Ouyang Yufei, managing director of Motorcomm Co Ltd, Shi Qing, CTO of Motorcomm, and other dignitaries struck the gong during the listing ceremony.

Established in SND in 2017, Motorcomm Co Ltd is China’s only ethernet PHY chip supplier that owns independent intellectual property rights.

Gu said in his speech that more efforts will be made to encourage more Suzhou firms to get listed. He vowed that the local government would provide better services to business entities and strengthen measures to optimize the business environment.

The listing brought the number of listed firms in SND to 29.