Kede Technology’s NEEQ raised 10 million yuan for the construction of water-based paint projects

Recently, Guangdong Kede Environmental Technology Co., Ltd. (stock abbreviation: Kede Technology Securities Code: 838020) today officially issued 898,500 shares (all of which are unrestricted shares) on the NEEQ, raising 10 million yuan. The funds raised this time are mainly used for the construction of the “60 thousand tons per year production of water-based paint” project.

The number of shares issued this time is 898,500 shares, the issue price is 11.13 yuan per share, and the funds raised are 10 million yuan, all of which are subscribed by Dexin Venture Capital Co., Ltd., Shunde District, Foshan City.
The main business of Kede Technology is to engage in the R&D, manufacturing, and sales of two-component cathodic electrophoresis coating, as well as supporting sales of additives and pre-treatment products.
Guangdong Kede Environmental Protection Technology Co., Ltd., founded in 1993, is the first high-tech enterprise specializing in the production of two-component cathodic electrophoretic coatings in China, and enjoys the title of “electrophoretic coating expert” in China. “Kode” cathodic electrophoretic coating was recognized as a “provincial key new product” by the Guangdong Provincial Science and Technology Commission in 1994, and as a “national new product” by five national ministries and commissions in 1995. In 2000, it passed the ISO9000 quality system certification. The training base of Shunde Vocational and Technical College was established in 2009. In 2009, it was awarded the title of “Green Enterprise”. In 2011, it passed TS/16949 quality system certification and ISO14001 environmental protection system certification. Over the years, we have been adhering to the tenet of “science and technology create the future, virtue and reputation win the world”, adhere to “quality is the foundation of survival, innovation is the driving force of development”, continue to carry out product development and service innovation, and successively develop eight generations of electrophoretic paint products. In particular, the successful development of new products such as “integration of bottom surface”, “low-temperature curing”, and “medium-thickness film” has filled the gaps in the country, and the performance and quality of each product have reached the international leading level. To