Lopsking Aluminum issued new shares

Suzhou Lopsking Aluminum Co., Ltd. plans to issue 39.20 million A shares Shen Zhen Stock Exchange, with the hope of raising fund for the new extruded aluminum construction project. this new issuance will lead to a total shares 156.8 million shares of the company.

It is said the company will invest 394 million yuan on the new extruded aluminum construction project.

About the company

Suzhou Lopsking Aluminum Co., Ltd. is a wholly foreign-owned enterprise invested and established by Taiwan Lopsking Group in 1993 in Suzhou, specializing in the production, processing, installation and marketing of aluminum section materials.
The company covers an area of 330,000 square meters with over 1,000 employees, among whom there are more than 100 engineers and professional technicians of door and window design and development. It is a large professional enterprise with diversified types, wide range of products and first-class scale and strength in aluminum alloy extrusion industry of China.

The main products are construction profiles for windows and doors, grating profiles for decking and fences, and industrial profiles for various industries and customized applications. LPSK operates 15 imported extrusion presses and produces 48,000MT aluminum extrusion profiles per year. In addition, there are 9 expanded aluminum grating lines to produce industrial decking and fences.

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