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More Optics Valley-based firms set to go public

Updated: 2021-01-06 Weibo Weixin Qzone Facebook Twitter More

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A photo profiles the stunning architecture of Future City in Optics Valley, Wuhan, Hubei province. [Photo/WeChat account of Optics Valley of China]

From Dec 18 to Dec 31, 2020, three enterprises based in East Lake High-tech Development Zone (Optics Valley of China) in Wuhan, the capital city of Central China's Hubei province, applied to list on the growth enterprise market (GEM) and were accepted by the Shenzhen Stock Exchange. And one enterprise has applied to list on science and technology innovation board (STAR Market) and was accepetd by the Shanghai Stock Exchange.

In 2020, Optics Valley added four new listed companies, and the total number of listed enterprises in the zone reached 49.

The increasing number of listed enterprises and soon-to-be-listed enterprises shows the excellent development prospects of Optics Valley-based companies.

The leading group office for Wuhan enterprise listing released the list of "Gold Seed" and "Silver Seed" enterprises in Wuhan in 2020. Among them, 54 Optics Valley enterprises were selected as "Gold Seed" enterprises, accounting for 49.09 percent of Wuhan's total. Meanwhile, 26 enterprises were designated as "Silver Seed" enterprises, accounting for 41.94 percent of the city's total.

These chosen companies are engaging in industries such as optoelectronics, biomedicine, chips and other fields. The selected enterprises will get support from all administrative levels of the province, city and districts.