The first day of listing of new shares | CONTIOCEAN (02613) opened 6.76% higher in the morning session.

CONTIOCEAN (02613) made its debut on the stock exchange. The announcement shows that the price per share is 31.8 Hong Kong dollars, with a total of 10 million shares issued, and 100 shares per lot, resulting in a net amount of approximately 273.4 million Hong Kong dollars. As of the time of writing, the stock has increased by 6.76% to 33.95 Hong Kong dollars, with a total turnover of 26.0151 million Hong Kong dollars. According to public information, CONTIOCEAN is a provider of China CSSC environmental protection equipment and systems, serving clients worldwide. According to data from Frost & Sullivan, as of December 31, 2023, based on the total number of completed orders and accumulated order volumes for ship exhaust gas purification systems in 2023, the company ranks third among China CSSC exhaust gas purification system providers and fourth among all ship exhaust gas purification system providers globally. It is reported that CONTIOCEAN has developed and commercialized a variety of marine environmental protection equipment and systems. Specifically, the company's equipment and systems are designed to help customers (such as ship owners) reduce sulfur and GHG emissions. In addition, the company aims to improve living conditions on ships and enhance maritime operations by providing internal design and supplying equipment and systems, with the goal of helping customers improve the quality of life for their crew members.