Keda Industrial is one of the first companies in China listing GDRs on SIX Swiss Exchange, with SZGC's fund as the sole cornerstone investor

July 29, 2022

On 28 July 2022, the Global Depositary Receipts (GDRs) of Keda Industrial Group Co., Ltd started listing and trading on SIX Swiss Exchange, while Keda Industrial became one of the first enterprises in China and the first in Guangdong Province to listed in Switzerland. The Guangdong (Foshan) Manufacturing Transformation and Development Fund under the SZGC participated in the GDRs subscription as the sole cornerstone investor, helping Keda Industrial to develop globally and maintaining its leading role. Keda Industrial leads the manufacturing firms in Guangdong Province and Foshan City to expand their global markets, and it enhances the international competitiveness and the manufacturing reputations influence of Chinese manufacturing enterprises.

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