On November 3, 2017, the initial public offering of shares by Shanghai Putailai New Energy Technology Co., Ltd (Putailai) was officially listed on the Shanghai Stock Exchange.

This public offering was 63,700,900 shares and the issue price was 16.53 RMB/ share, and the new shares raised 1.053 billion RMB. After the issuance, the total share capital will be 427,270,900 shares. On the day of listing, Putailai held a grand listing ceremony in the trading hall of the Shanghai Stock Exchange. More than 200 government officials, business leaders and guests attended the listing ceremony and witnessed the new stage of Putailai in the capital market.

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