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XENBO Heat Transfer officially landed on the New Third Board


According to the announcement of the National Equities Exchange and Quotations (NEEQ), on March 6, 2017, the stock of XENBO HEAT SINK SCIENCE & TECHNOLOGY CO., LTD. (referred to as Xiangbo Heat Transfer, code: 871063) was officially listed on the National Equities Exchange and Quotations (NEEQ), marking the official landing of Xiangbo Heat Transfer on the capital market.

Xiangbo Heat Transfer is a national high-tech enterprise specializing in the research and development, manufacturing, sales, and technical services of power electronic thermal management system products. The product is widely used in fields such as DC transmission, new energy vehicles, wind power generation, rail transit, and power quality management. Xiangbo Heat Transfer has established a Hangzhou municipal enterprise high-tech research and development center, and has undertaken research and development tasks for various levels of scientific and technological projects, such as the National Torch Plan project, the Ministry of Science and Technology Innovation Fund project, the Zhejiang Province Major Science and Technology Special Project, and the Xiaoshan District Key Science and Technology Project, with a professional technical team and innovative technical concepts. The research results are fruitful, and the company has mastered the most cutting-edge processes and production technologies in the industry. In recent years, Xiangbo Heat Transfer has obtained more than 30 patented technologies and developed dozens of provincial-level new products and technologies. With its strong technological research and innovation capabilities, Xiangbo Heat Transfer has become a leader in the industry. Xiangbo is the drafting unit for the "Heat Sink Standards for Power Semiconductor Devices" and "Water Cooling Equipment for Static Reactive Power Compensation Devices", and has participated in the development of industry standards such as the "Technical Guidelines for Supervision of Flexible DC Transmission Equipment".

Xiangbo Heat Transfer has established a professional production base of over 33300 square meters in Jixi County, Anhui Province. It is equipped with internationally leading production lines such as vacuum brazing, friction stir welding, CNC machining centers, and advanced testing equipment, which can meet the production and processing needs of various high-end heat dissipation equipment. It is the first domestic unit in China to pass the EN15085 welding system certification for friction stir welding.

The successful listing of Xiangbo Heat Transfer marks a new step in the development of modern enterprises, which will bring broader development space and a better development environment to Xiangbo Heat Transfer. At the same time, it also puts forward new requirements for the operation of Xiangbo Heat Transfer. Xia Botao, founder of Xiangbo Heat Transfer, stated that the company will take the listing on the New Third Board as an opportunity to standardize enterprise operations, use the capital market to promote healthy development of the enterprise, integrate resources in the heat transfer field, and achieve new heights.

Listing on the New Third Board is just the beginning of Xiangbo Heat Transfer moving towards capitalization. In the future, Xiangbo Heat Transfer will operate in accordance with modern corporate systems and the requirements of listed companies, with standardized operations, information disclosure, and a mission to create exquisite heat transfer technology. With the pursuit of building a century old Xiangbo brand, we will continuously create maximum value for customers, investors, employees, and society.