Pacific Tools Landing on Chongqing OTC, Private Enterprise Owners Observing on Site

2014-01-27


Chongqing Morning News (Reporter Luo Qiang): A private enterprise in Chongqing Economic and Technological Development Zone has landed on the OTC market. The reporter saw a special observation group at yesterday's listing and unveiling ceremony. They are basically private enterprise owners, "said the relevant person in charge of Chongqing Economic and Technological Development Zone, which is also a good opportunity to promote the development of private enterprises.
By listing on the Chongqing OTC market, enterprises can connect with institutional investors such as banks, VC, and PE through this market platform, achieving information symmetry and obtaining comprehensive investment and financing services. More importantly, OTC is also a reservoir of listing resources in our city.
Yesterday, a private enterprise from the Chongqing Economic and Technological Development Zone landed on the Chongqing OTC market platform, named "Chongqing Pacific Cutting Tool Manufacturing Co., Ltd.". It is a major exporter of China's cutting tool industry and a key private enterprise cultivated and supported by the Chongqing Economic and Technological Development Zone.
Although selling only a "knife", "this knife" has been exported to some countries or regions in Europe, America, East Asia, Southeast Asia, and the Middle East. We hope to further standardize the operation of enterprises by going public on OTC, and we also hope to use OTC as a platform to lay the foundation for going public, "said Cai Jin, Chairman of Pask Tools.
At the unveiling ceremony for the launch of Pacific Tools in the OTC market, a group of private enterprise owners, most of whom were classmates of Cai Jin, arrived. In fact, the bigger reason we came here is to learn and understand the OTC market, "a private enterprise owner who came to observe on site told reporters.
The OTC market refers to the over-the-counter trading market, also known as the over-the-counter trading market. It does not have a fixed venue and mainly involves one-on-one trading conducted by counterparties through private negotiations. In Europe, OTC trading is more active than trading on traditional exchanges.

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Pacific Tools Landing on Chongqing OTC, Private Enterprise Owners Observing on Site

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