ZKP Group Limited has commenced its initial public offering of 2,042,000 shares at AUD1.0 per share for a total offering size of AUD2,042,000 on the National Stock Exchange of Australia, the company said.
ZKP is engaged in research, manufacturing, processing and sales of optical communication products and integrated network systems and its products are widely used in communication, media, aviation, aerospace and education.
AGC Capital Securities provided the preliminary guidance services for this listing, as a Sydney-based financial services firm specializing in introducing Chinese companies to the Australia market. AGC operates under Eagle Investment Group Limited.
As part of ZKP´s future development strategy, the company will, over the next three years, establish five production plants in Hengyang and Shuyang, China and a R&D center in Australia to expand overall capacity and further pursue technological advances.
ZKP Group Limited is a Chinese manufacturer of optical communication products.