China News Agency, Beijing, August 18 (Reporter Zhou Yin) The reporter learned from China National Railway Group Co., Ltd. (hereinafter referred to as China Railway Group) that on the 18th, Golden Eagle Heavy Construction Machinery Co., Ltd. held by Wuhan Bureau Group Company, a subsidiary of China Railway Group Co., Ltd. (hereinafter referred to as "Golden Eagle Heavy Industry Company") is listed on the Shenzhen Stock Exchange's Growth Enterprise Market, which is another important achievement in the reform of the railway shareholding system.

  According to the person in charge of the operation and development department of China Railway Group, the name of the "first share of China Railway Shenzhen Stock Exchange" listed this time is "Golden Eagle Heavy Industry", the code is 301048, and the issue price per share is 4.13 yuan (RMB, the same below). 133 million shares were issued, accounting for 25% of the total share capital.

  Founded in 1958 and headquartered in Xiangyang, Hubei, Golden Eagle Heavy Industries is mainly engaged in the research and development, production, sales and maintenance of rail engineering equipment products.

  The person in charge pointed out that the fund raised by Golden Eagle Heavy Industry was 551 million yuan, which was mainly used to acquire 100% equity of Wuhan Wuhan Railway Rail Vehicle Repair Co., Ltd., to implement railway engineering machinery manufacturing upgrade and construction, and new railway engineering machinery equipment research and development projects. Working capital and repayment of bank loans will effectively enhance the company's manufacturing, technology research and development capabilities, optimize capital structure, and further enhance market competitiveness.

  The person in charge emphasized that as the construction of a modern railway powerhouse accelerates, it will greatly drive the rail engineering equipment market, and Golden Eagle Heavy Industries has very broad development prospects.

After the company is listed, it will speed up the construction of a multi-pivot development pattern with rail transit engineering equipment manufacturing as the core, radiating maintenance, spare parts sales, engineering services, freight equipment, etc., and build a world-class rail transit equipment manufacturing enterprise.

(Finish)