Two Taiwanese firms based in China and one local company announced they would list on the domestic over-the-counter and stock exchange markets in Taipei yesterday.
The two China-based companies are Airmate Electrical Co, Ltd (艾美特電器) and Aide Energy (Cayman) Holding Co, Ltd (艾德光能), a subsidiary of the Pan JIT Group (強茂集團), while the local company is Wellstech Optical Co, Ltd (華德光電材料科技).
“We plan to list our shares in the Taiwanese stock market in 2011,” Philips Yang (楊裕復), executive officer of Airmate, one of the world’s biggest electrical fan manufacturers, said during a press conference in Taipei yesterday while signing contracts with financial adviser Taishin International Bank (台新銀行).
Airmate said it is an internationally known small household appliance brand that has a long-term relationship with Japanese high-tech giant Toshiba Corp, South Korea’s Samsung Electronics Co and Japanese consumer-electronics producer Sanyo.
“Our company’s overall plan for the future energy-technology industry is to develop solar energy products and light-emitting diode [LED] lighting,” said Jason Fang (方敏宗), the Pan JIT Group’s chief executive officer.
Aide Energy’s LED lighting uses solar energy technology and offers solutions for energy conservation, an Aide Energy press release said.
Wellstech, which expects to be listed on the Taiwan exchange in 2011, specializes in multi-functional hybrid optical film and is one of a small number of suppliers to the Taiwanese market.
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