DCSX has approved the listing of 50,000,000 trade-able shares of Enchi International Limited (DCSX Symbol: ECCN) @ USD 0.876 with an initial market capitalization of USD 43.8Million. Nanjing Li Chen Long Consulting is the mandated Listing Advisor.
ENCHI International Limited, a company incorporated in the British Virgin Islands, is seeking to be listed this time, is 100 % owner of the subsidiary named of RUIAN ENCHI Electronic Technology Co., Ltd (RUIAN ENCHI) which is the actual operating company in China with real businesses operation.
RUIAN ENCHI is a high-tech enterprise in design, develop and manufacture automotive, marine inverter power and off-grid solar power systems, established in Wenzhou City, ZHEJIANG Province, China in 2012. RUIAN ENCHI has passed ISO9001 quality management system certification in 2013. At present, the company has 150 employees, including 15 people in Research and Development.
Their products adopt high-end technology and are characterized by “light, thin, short, small, intelligent and environmental protection and energy-saving”, and have multiple protection functions. The product design conforms to the technical standards of the relevant markets. The specific product series has passed CE, RoHS, E-Mark, ETL and other related tests, and is widely used in motorhomes, vehicles, households, tourism, patrol, field operations, and other places. The company’s products are mainly exported to countries in the Americas, Europe, and the Middle East and widely accepted and recognized by customers in those markets. We also have strategic cooperation with international brand names like “DOMETIC”, “WAGAN”, “AIRLINE”, “RENOGY”, “ANTARION” and other companies.
The company has a group of senior technical personnel engaged in R&D of electronic technology, equipped with advanced cutting-edge equipment in the local industry and have formed a high-quality management system. Dedicated to implementing the company policy of “Reputation-based, Pioneering and innovative, Service-oriented, Customer satisfaction, and Facing challenges”. They are also committed to creating their own brand “Enchi” “DOCS” series of products, hope to win the market by their first-class quality, perfect service, and cost-effective Products.
Further details about the business will be found on our Markets page on this website under Equities Symbol ECCN, section Company Information.