Shenzhen Longsys Electronics Co., Ltd. (Stock Code: 301308) completed the IPO procedures on August 5 and debuted on the ChiNext board. The Company’s listing on the Shenzhen Stock Exchange (SZSE) marks a new stage in its development.
“Our strong third-quarter results reflect the continued adoption of our modern and easy-to-use products by companies of all sizes. We grew 46% YoY, and healthy expansion activity from our customer base,” said Girish Mathrubootham.
“Experienced executives are very highly regarded in their areas of practice and will play a pivotal role in our success as we embark on our hyper-growth journey as a company,” said Dave Furneaux.
The Offering creates an opportunity for investors to participate in the potential strategic growth of a leading integrated satellite communication services provider. Mubadala will remain as majority shareholder of Yahsat’s issued share capital.