According to the Shenzhen Stock Exchange announcement, Xinxing Tools held a listing ceremony on the Shenzhen Stock Exchange on July 30, 2026. Xinxing Tools publicly issued 25 million shares, including 25 million new shares, with an issue price of 33.58 yuan/share, raised 840 million yuan in new shares, and a total share capital of 10 million shares after issuance. Xinxing Tools is mainly engaged in R&D, production and sales of drilling tool products in hole processing tools. In 2025, the company achieved operating income of 512 million yuan and net profit of 197.6085 million yuan. The company is located in Jiaxing City, Zhejiang Province.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.