April 29, 2010, Sijia Group Company Limited launched its initial public offering (IPO) of 200,000,000 shares at HKD 3.28 each for a Hong Kong Stock Exchange main board listing, under the stock code of 001863.HK. The raised funds reached HKD 656,000,000.

Sijia Group Company Limited is principally engaged in the design, development, manufacture and sale of polymer processed high strength polyester fabric composite materials and other reinforced composite materials as well as conventional materials. Sijia Group had a 40% market share in China’s reinforced materials industry in 2008.

Jingtian & Gongcheng represented the underwriter in the listing.