Widen Photodiode lists on equity exchange

Sep 5, 2017

Jinshan-based Shanghai Widen Photodiode Tech Corporation was listed on the Shanghai Equity Exchange last Friday. It was the sixth company in the district to gain financial support from the science and technology board.

Fourteen other technology companies in the city started trading on the board at the same time.

Widen Photodiode Tech, located in Fengjing Town, is a company that independently develops and manufactures LED energy-saving lights. It was able to obtain investment of 8.09 million yuan (US$1.24 million) last year. 

The science and technology board has been operating since 2015 and mainly supports technological and innovative industries. Its comprehensive financial platform and investment market benefits make it easier for start-ups to attract capital.