December 3, 2010, TATWAH SMARTECH Co., Ltd launched its initial public offering (IPO) on the Shenzhen Small and Medium-sized Enterprises (SME) board, under the stock code of 002512. The share offering was priced at CNY 26.00 per share with 30,000,000 shares offered through the exchange’s trading system and raised CNY 780,000,000 in total.

TATWAH SMARTECH Co., Ltd is one of state high-tech enterprises, specializing in the research and development, production and sales of RFID products. It becomes the biggest provider of contactless smart cards in China with 19% market share in 2009.

Jingtian & Gongcheng represented the issuer in the listing.