Jan 19, 2023 04:56 PM (GMT+8) · EqualOcean
Suzhou Ovodan Foods Co., Ltd (Chinese: 苏州欧福蛋业股份有限公司, hereinafter referred to as “Ovodan Foods”) was successfully listed on the Beijing Stock Exchange on 18 January 2023 at a price of CNY 2.50 per share, becoming the first foreign-funded listed company on the Beijing Stock Exchange. The company's controlling shareholder is China Egg Products ApS (Denmark) with a total stake of 87.96 percent. Established in January 2004, Ovodan Foods is a Chinese member of the world famous egg products supplier -OVODAN (formerly known as Sanovo Egg Group). According to the firm's prospectus, it aims to get about CNY153.70 million (USD 22.09 million) to upgrade assembly line, expand production and add more liquidity.