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Atekon Technology Co., Ltd.

Warmest congratulations on the successful completion of the technological transformation at Nanjing Aotuo Technology Co., Ltd.!


Release date:

2015-09-08

Recently, after rigorous review, auditing, evaluation, and verification of capital by the Provincial Administration for Industry and Commerce and other relevant departments, "Nanjing Aotuo Technology Jiangsu Co., Ltd." was wholly transformed into "Nanjing Aotuo Technology Jiangsu Joint-Stock Company" (referred to as Aotuo Technology) on September 1, 2015. The company has since received a new business license issued by the Provincial Administration for Industry and Commerce. Following the completion of its shareholding reform, the company is now better positioned to integrate social resources more effectively, optimize resource allocation, fully leverage its competitive advantages, and enhance its overall competitiveness. This transformation also lays a solid foundation for listing on the New Third Board, accelerating the company's integration with the capital market.

  Recently, after rigorous review, auditing, evaluation, and verification of capital by the Provincial Administration for Industry and Commerce and other relevant departments, "Nanjing Aotuo Technology Jiangsu Co., Ltd." was wholly transformed into "Nanjing Aotuo Technology Jiangsu Joint-Stock Company" (referred to as Aotuo Technology) on September 1, 2015. The company has now obtained a new business license issued by the Provincial Administration for Industry and Commerce. Following the completion of its shareholding reform, the company is better positioned to integrate social resources more effectively, optimize resource allocation, fully leverage its competitive advantages, and enhance its overall competitiveness. This transformation also lays a solid foundation for listing on the New Third Board, accelerating the company's integration with the capital market.

  Aoto Technology has successfully completed its shareholding reform, marking a solid and significant step forward on the company's journey toward listing and issuing shares—and establishing the necessary prerequisites for becoming a publicly traded entity. The smooth completion of the shareholding reform has also led to a comprehensive enhancement of Aoto Technology's entire governance framework, with the company introducing and refining a series of robust internal rules and regulations. Moving forward as a joint-stock company, Aoto Technology will operate strictly in accordance with the requirements of relevant laws and regulations, including the Company Law, the Securities Law, and the Measures for the Administration of Initial Public Offerings.

  As a socially responsible enterprise, Aoto Technology has consistently adhered to its strategic development goal of "mastering core technologies in the industrial control field and elevating the automation level of China's national industries." Since its establishment, the company has focused on the R&D, production, and sales of PLCs. After years of dedicated research and innovation, the company has successfully developed the NA400 series of large- and medium-sized PLCs. Building on this achievement, Aoto Technology continues to expand and diversify its product portfolio, now offering a comprehensive range of PLC products—including large, medium, and small models—as well as RTUs and other cutting-edge solutions. These innovative offerings have already established Aoto Technology as a trusted partner, delivering successful projects across key industries such as coal mining, rail transportation, defense manufacturing, petrochemicals, and hydropower.

  The successful shareholding reform marks a new starting point and milestone for Aotuo Technology's future development, providing the company with an even broader platform and unprecedented opportunities. Aotuo Technology will continue to embrace its historic mission of fostering China's industrial control industry, striving toward the vision of "domestic, independent, and controllable." Upholding our business philosophy of "Independent Technology, Smart Control Globally," we will relentlessly pursue excellence through persistent effort and dedication, ultimately creating greater value for our shareholders, customers, and employees—and contributing meaningfully to the nation's industrial growth and the advancement of our national economy.

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