IECHO Successfully Listed on Shanghai Stock Exchange STAR Market

Mar. 24, 2021

At 9:30 a.m. on March 19, 2021, Hangzhou IECHO Technology Co., Ltd. (stock code: 688092) was listed on the Shanghai Stock Exchange STAR Market! IECHO successfully landed in the capital market and became the 242nd listed company on the STAR Market!

 

This marks IECHO's entry into China's capital market, and the company has entered a new stage of development. IECHO will not forget its original intention, continue to increase investment in R&D and innovation, and determined to become the leader of international intelligent cutting equipment, and continue to advance toward a deeper, more professional, and higher goal in the field of automation and intelligent core technology, use technology to create a new future!

IECHO Successfully Listed on Shanghai Stock Exchange STAR Market


As a group of manufacturers of intelligent cutting equipment that started earlier in China, IECHO attaches great importance to the research and development of the underlying core technology of intelligent equipment during the development process. From CAD software development to in-depth exploration of the intelligent cutting equipment industry, IECHO has always insisted on mastering the core technology of intelligent equipment, not afraid of difficulties, daring to make breakthroughs, and becoming one of the few domestic equipment manufacturers with motion control technology.

IECHO Successfully Listed on Shanghai Stock Exchange STAR Market


The motion control system is the core component of intelligent equipment, which determines the accuracy and efficiency of the equipment, and is known as the "equipment brain". With the core technology of motion control, IECHO has a great initiative in improving the performance of cutting products, giving IECHO greater flexibility and room for development in the field of intelligent manufacturing. IECHO has become one of the smart cutting equipment providers with the most complete product series and the largest coverage in the industry. The company’s main products include basic smart cutting equipment (BK series), scalable smart cutting equipment (TK series), and high-speed large-format smart cutting equipment (SC series), leather cutting assembly line equipment (LCP series), multi-layer intelligent cutting equipment (GL series) and miniature intelligent cutting equipment (PK series), etc.

IECHO Successfully Listed on Shanghai Stock Exchange STAR Market


As one of the leading companies in the field of intelligent cutting equipment, IECHO's main products are widely recognized by many industries and customers such as composite materials, advertising text printing, automotive interiors, home textiles, etc., and serve more than 10,000 customers. "Don't forget the original intention, and create the future with science and technology!" IECHO has never stopped on the road of innovation. In addition to having motion control technology, the company also has core technologies such as CAD/CAM, cutting manufacturing, machine vision, cloud services, and bus development. It includes the full cutting process of pre-cutting, cutting and cutting-edge development. With strong technical strength, the key technical indicators of the company's products have reached or partially surpassed well-known companies such as Lectra, Gerber, and Zund. The proportion of export sales has increased year by year, from 28.35% in 2017 to 36.12% in 2019, worldwide Brand effect has been formed. Products are exported to Russia, the United States, South Korea, Germany, Spain, Singapore, Thailand, Malaysia, Poland, Turkey and other countries and regions. Clients cover listed companies, well-known enterprises, universities and research institutions such as GW compos, HYM, appotronics, ShuangYi, Kingfa Technology, Sleemon, Mlily, KUKA Home, Fu Anna, De RUCCI, and CAS, SJTU, BUAA, NUAA, HUST.

IECHO Successfully Listed on Shanghai Stock Exchange STAR Market


Now IECHO has formed a "hardware + software + service" business model, providing a series of intelligent cutting solutions for customers in many industries such as composite materials, advertising, automotive interiors, soft furniture, etc., to help enterprises transform and upgrade, and support the realization of the manufacturing industry High-quality development.

 

At the listing ceremony, Fang Xiaowei, chairman of IECHO, said in a speech: IECHO officially landed on the SSE STAR Market and became a new starting point for IECHO's development journey. The company will not forget its original aspirations, create a future with science and technology, and climb the peak! Live up to the trust, insist on technological innovation, expand the global market share, and return the society and investors with excellent performance!

IECHO Successfully Listed on Shanghai Stock Exchange STAR Market


As the first listed public company with its main business in the field of non-metal cutting, IECHO will continue to leverage its innovative advantages in technology based on years of hard work and accumulation in the intelligent cutting industry, taking this stock offering and listing as an opportunity, keeping up with market development trends, seize the strategic development opportunities of the national intelligent equipment industry, with the help of capital, continue to strive for excellence in the field of intelligent cutting, form a new generation of intelligent cutting equipment with more comprehensive technology, better performance, and wider use, while further expanding the company The application field of the product is gradually forming a layout of intelligent cutting equipment with omni-directional motion control system and other underlying core technologies, and is rapidly developing in the field of pan-automatic control. The company will, as always, create good quality with creative thinking, actively practice social responsibility, realize new growth and development, and make unremitting efforts to realize the corporate vision of "Let IECHO products spread all over the world"!

IECHO successfully listed on Shanghai Stock Exchange STAR Market

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