Xinjiang Sailing Information Technology Co Ltd made its first public offering with its stock code of 300588 on the Shenzhen Stock Exchange on Jan 5.

The company, which is based in the Urumqi High-tech Industrial Development Zone, became the first IT and intelligent security enterprise across the Xinjiang Uygur autonomous region to be listed on the main platform of the stock market.

A ceremony takes place to celebrate the initial public offering on the Shenzhen Stock Exchange by Xinjiang Sailing Information Technology Co Ltd, on Jan 5. [Photo/uhdz.gov.cn]

Zhao Li, deputy mayor of Urumqi city, congratulated the company on its success, and mentioned that Sailing Information kept seizing the development opportunities to improve its business performance and expand into the global market. She claimed that its success will further contribute to the economic development of the region.

Representatives from the Urumqi government and Xinjiang Sailing Information Technology Co Ltd sound the bell to open the company’s trading on the Shenzhen Stock Exchange. [Photo/uhdz.gov.cn]

Founded in 1999, Sailing Information specializes in providing products, technologies and services in the fields of intelligent security and information security. The company mainly gives technical support and provides software products for urban public safety and the security of business information across the Xinjiang region and over 10 other provinces and cities, including Beijing and Shanghai.

He Kaiwen, president of the Xinjiang Sailing Information Technology Co Ltd, delivers a speech at the company’s listing ceremony. [Photo/uhdz.gov.cn]

Edited by James Skinner