Huangpu district now has 81 stock market listed companies

The recent listing on the Shenzhen Stock Exchange's ChiNext board of testing equipment manufacturer Guangzhou Doppler Electronic Technologies represented a milestone for the Huangpu district of Guangzhou.

The flotation of its shares brought the total number of publicly traded companies based in the district to 81, accounting for 30 percent of Guangzhou city's listed companies.

Doppler is a leading high-tech enterprise, specializing in the research and production of non-destructive testing equipment.

The funds raised from this Initial Public Offering will primarily be allocated towards the construction of its smart manufacturing plant and R&D center, aiming to boost the company's innovation capabilities and its competitive edge in its market.

In recent years, Huangpu has made concerted efforts to attract high-end innovative ventures and resources. It has rolled out programs to help companies achieve public listings, working in partnership with various stock exchanges to offer comprehensive listing services and policy incentives.

An exterior view of the premises of newly listed Guangzhou Doppler Electronic Technologies.