Is Hongyan Electric a listed company?
Yes Nanjing Hongyan Electric Appliance Co., Ltd. belongs to Nanjing Putian Communication Co., Ltd. and is a major member of Hongyan Electric Appliance Group. Nanjing Putian Communication Co., Ltd. is a B-share listed company after the shareholding system reform and one of the 520 key state-owned enterprises identified by the State Economic and Trade Commission. A listed company is a specific part of a company limited by shares. Public offering of shares has reached a considerable scale, and its shares have been approved to enter the centralized securities trading market according to law.