Topower Company Successfully Completed The Shareholding System Transformation

- Jan 15, 2020-

Recently, Topower successfully completed the shareholding system transformation from the original "Jiangsu Topower Wheel Co., Ltd." to "Jiangsu Topower Tyre Co., Ltd."changing from a limited liability company to a company limited by shares.

 

The completion of this shareholding system transformation is of great significance to Topower, not only marking the company has established a modern enterprise system with clear property rights, clear powers and responsibilities, and scientific management,it also means that the company will take the next step of listing on the New Third Board (National SME Share Transfer System). Topower's future financing channels will be further expanded, which is more conducive to the introduction of strategic investors and the company's further development.

 

The New Third Board, which is expected to be the "China Nasdaq", has been highly sought after national expansion. The total turnover in 2019 reached 82.569 billion yuan. The New Third Board is a new upstart in the capital market. There are unlimited development opportunities for SME and participants in the capital market.


As one of China’s National High-tech Enterprises and leaders in solid tire manufacturing ,Topower has many patents for solid tire technology.  As a member of many international associations including International Powered Access Federation (IPAF) accreditation to ISO9001, ISO14001, OHSAS 18001 establishes Topower as an industry leader.


Operating in many mines, steel mills, port terminals, construction sites ,Topower products provide excellent performance and value.  Being puncture resistant & maintenance free long life on lift trucks, airport tugs, aerial platforms, heavy duty transport and other industrial vehicles yield profitable outcomes for our clients.

Topower tires are exported to more than 60 countries from the Americas to Oceania, Europe Africa and Middle East.