Congratulations on the successful listing of Wuxi Longsheng Technology Co., Ltd

On July 25, 2017, Wuxi Longsheng Technology Co., Ltd. (hereinafter referred to as "Longsheng technology" with stock code of "300680") was officially listed on the gem of Shenzhen Stock Exchange. The company's issuing price was 8.68 yuan per share and the issuance scale was 17 million shares.

From July 24 to 25, Longsheng technology held a listing ceremony and celebration in Shenzhen, and invited guests, Ms. Gao Yaguang, vice mayor of Wuxi Municipal People's government, Mr. Feng Xiaochun, mayor of Xinwu District, and other major customer leaders to attend the event in Shenzhen, witnessing this historical moment.

Wuxi Longsheng Technology Co., Ltd. is mainly engaged in the R & D, production and sales of engine exhaust gas recirculation (EGR) system products, including EGR valve, control unit (ECU), sensor, EGR cooler, etc. The company has long been committed to the field of engine energy conservation and emission reduction, providing downstream customers with exhaust gas recirculation treatment solutions that meet the emission reduction needs of diesel vehicles and energy-saving needs of gasoline vehicles. After years of business accumulation and market development, the company has established a good long-term cooperative relationship with domestic well-known automobile factories and engine plants.

The company has established Jiangsu Province diesel engine EGR system engineering technology research center approved by Jiangsu Science and technology department. The R & D team of the company has further accumulated R & D experience and industrialization experience by hosting or participating in R & D projects and industrialization projects of national ministries and commissions, provinces (cities) and enterprises, and independently developed a large number of non patented technologies and patented technologies. At present, the company has more than 180 kinds of intellectual property rights, including 44 invention patents and 4 software copyrights. At the same time, the company has led the development of diesel engine exhaust gas recirculation pneumatic EGR valve (JB / T 11796-2014), diesel engine exhaust gas recirculation vacuum regulator (JB / T 11797-2014), diesel selective catalytic reduction system Part 7 NOx sensor (JB / t11880.7-2014), diesel engine exhaust gas recirculation (EGR) electric valve (JB / t12337-2015), etc.

Since then, Longsheng technology has entered a new stage of development, and also ushered in new opportunities and challenges. In the future, the company adheres to the enterprise development concept of "committed to environmental protection and careful creation", adheres to the strategy of lean, large-scale, branding and internationalization, vigorously promotes the development strategy of "developing both gasoline and diesel", gives full play to the enterprise's quality advantages, brand advantages, scale advantages and marketing advantages, and promotes the rapid development of the parts industry, and at the same time, promotes the rapid development of the parts industry for the downstream domestic automobile manufacturers The company provides high value-added, high-quality EGR system products and more comprehensive system solutions. The company continuously optimizes and improves its governance structure, and further strengthens its independent R & D capability and system solution capability through re investment of R & D center. On the basis of stabilizing the domestic market share of EGR system, the company will actively explore the foreign market, establish and improve the after-sales service system at home and abroad, and gradually build the company into a domestic leading and international well-known enterprise with independent innovation ability, core intellectual property rights, reasonable product structure and strong market adaptability in the field of automobile exhaust gas aftertreatment.