On 16 July 2014, National Equities Exchange and Quotations Co., Ltd. issued an approval letter (No. 885[2014]) approving the listing of Xi'an Tongda Industrial Co., Ltd. ("Xi'an Tongda") on the National Equities Exchange and Quotations.
On 3 September 2014, the company was successfully listed on the National Equities Exchange and Quotations (NEEQ: 830951) with professional legal support from Guantao throughout the entire process.
The Guantao team included partner Wang Fan and associate Fan Huiqiong of Xi'an office.
Xi'an Tongda was established on 25 July 2007 with a registered capital of RMB10.65 million, and was converted into a joint-stock company on 10 April 2014. Its operating income and profit made through its main operations for year 2012 were about RMB18.53 million and RMB1.7 million respectively, and for year 2013 RMB20.48 million and RMB1.9 million respectively.
Since its inception, the company has always been strongly committed to the research and development, production and sales of high-efficiency fluid purification systems. Being positioned as a service provider of high-efficiency fluid purification systems, Xi’an Tongda specializes in the installation of customized fluid purification equipment and provision of related technical services, on the basis of HEF (high efficiency fluid) and with environmental protection, safety and energy conservation at the core of its business. After years of development, the company now owns one invention patent and eleven utility model patents, and has built up a highly skilled and experienced technical and operational team. Its self-developed gas-liquid, gas-solid, liquid-liquid, liquid-solid and gas-gas filtering and separating techniques have been extensively used in the miningor processing of synthetic ammonia, methanol, ammonium nitrate, chlor-alkali, PVC, dimethyl ether, oil and gas, and in the fine chemicals industry.