Another Huangpu company listed on SSE's STAR Market

Guangzhou LBP Medicine Science and Technology Co Ltd (stock code: 688393) was listed on the STAR Market of the Shanghai Stock Exchange (SSE) on Aug 20.

Based in Guangzhou's Huangpu district, Guangzhou LBP Medicine Science and Technology Co Ltd is a high-tech company with independent research, development, and innovation ability mainly engaged in the R&D, manufacturing, and marketing of in vitro diagnostic reagents and instruments.

The company has established three technological platforms for in vitro diagnosis, namely cytology, molecular diagnosis, and immunodiagnosis.

The company has launched 23.34 million shares to the public and the funds raised will be used in projects like the construction of R&D manufacturing bases, as well as marketing service network upgrades to further consolidate and improve the company's market position and to achieve long-term sustainable development.

At present, Huangpu district has been home to 59 listed companies, with one additional company currently waiting for listing approval. Five out of the six companies listed on the STAR Market in Guangzhou are based in Huangpu. 

Guangzhou LBP Medicine Science and Technology Co Ltd (stock code: 688393) is listed on the STAR Market of the Shanghai Stock Exchange (SSE) on Aug 20.

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