The Hubei Dinglong subsidiary shares have started trading on the national small and medium-sized enterprise (SME) share transfer system.
Hubei Dinglong Holding Co., Ltd., a prominent player in the technology sector, has announced that their Speed Infotech Ltd (Beihai Jixun Technology Co., Ltd. and referred to as “Jixun Technology”) has been listed on China’s national SME share transfer system, effective from 15 August 2023.
The two leading information platforms published Jixun Technology’s listing on the national SME share transfer system: www.neeq.com.cn and www.neeq.cc. The transfer will be done through a call auction transaction, following the system’s guidelines.
Founded in 2001, Speed Infotech has risen to prominence to become a leading player in the remanufactured inkjet printer cartridge sector. The company serves global distributors with high-value, competitively-priced products.
In 2018 Speed Infotech partnered with French remanufacturer Armor to reinforce its presence in the European inkjet cartridge production and collection market for retail customers. As part of the agreement, Speed Infotech provides access to its ink cartridge production capacity according to Armor’s patent compliance and quality requirements while Armor is contributing its Netherlands-based Recoll BV, which manages the collection of empty cartridges.
In November 2019, Hubei Dinglong acquired a 59 per cent stake in Speed Infotech; notably, the partnership with Armor bolstered Speed Infotech’s European presence in inkjet cartridge production and recycling.
