Zhejiang SUPCON Technology Co., Ltd. Listed on the STAR Market of Shanghai Stock Exchange

November 24, 2020 Chinese automation and information technology provider Zhejiang SUPCON Technology Co., Ltd. listed on the science and technology innovation board of Shanghai Stock Exchange, and raised $267 million ahead of IPO on China’s Nasdaq-style STAR Market. Mr. Ke Jixin, the deputy mayor of Hangzhou Municipal People's Government, our long-tern partners and clients from SINOPEC, CNPC, CNOOC, Saudi Aramco, Shaanxi Blower, TongKun Group, etc., attended the listing ceremony.

SUPCON owns a broad self-developed product portfolio including industrial automation control system, industrial software and field instruments, and offers clients all-in-one InPlant® digital solutions and full life-cycle services, delivering sustainable growth prospects of efficient, energy-saving, safe and intelligent plants.

SUPCON InPlant® solutions and core products have been recognized by 20,000 customers across over 40 countries and regions in various vertical industries especially oil & gas, chemical, power, cement, pulp & paper, metallurgy, food & beverage, pharmaceutical, etc., covering the "The Belt and Road Initiative" countries and regions along the sales and service integration network.

According to ARC report, SUPCON’s core product Webfield® ECS-700 DCS has occupies the domestic market by 20.7% leading China DCS market since 2013. The domestic market share of TCS-900 SIS system has reached 24.5%, ranking 2nd, and industrial software APC 26%, ranking 1st.

“More than 20 years ago, SUPCON’s starting point was to create China's own industrial control system that would break the monopoly of multinational companies. Today, SUPCON will once again open a new chapter! We will pay more attention to technical innovation, team building, customer service, international development, and return to shareholders and society with excellent business performance. The belief of ‘Leaving deep footprints in China’s development process’ will always inspire SUPCON to create value for customers and keep moving forward!”, said SUPCON Founder Chu Jian.

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