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Baotou lists companies open for investors

Updated: 2023-05-29

A total of 12 listed companies, including Inner Mongolia First Machinery Group and Inner Mongolia North Heavy Truck Co, held investor exchange activities for listed companies in Baotou on May 26.

Distinguished representatives from the State-owned Assets Supervision and Administration Commission of the State Council, Shanghai Stock Exchange, Shenzhen Stock Exchange, and China Association of Listed Companies attended the event, which also drew 72 investors from a diverse range of investment institutions, including securities companies, public funds, private funds, and investment platforms of central enterprises. This gathering of esteemed individuals and institutions served as a platform for meaningful discussion and exchange on matters of mutual interest.

Inner Mongolia First Machinery Group in Baotou is the country's only high-tech weapons and equipment R&D and manufacturing group, representing the highest national tank armored vehicle equipment level.

Inner Mongolia North Heavy Truck Co has established itself as a prominent manufacturer of a diverse range of mining vehicles, with a weight range of 25 to 400 metric tons. Their extensive reach has enabled them to expand their market to 67 countries and regions across the globe. Their impressive sales record has positioned them as the top seller in China and the third largest globally.

"In this event, investors can obtain more valuable information, which will be very helpful for us to judge the value of the investment and future investment behavior," said Luo Zhiwei, a military industry chief analyst of Shanxi Securities Research Institute.