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JIC-invested Lopal listed on SSE
2017-04-17 

On April 10, Jiangsu Lopal Technology Co., Ltd., an automotive fine chemical manufacturer, Jiangsu Lopal Technology Co., Ltd. (Lopal) was listed on the Shanghai Stock Exchange (SSE). JIC Investment, one of the investment platform companies under JIC, increased its investment in Lopal in November 2013 as its only external strategic investor, and helped Lopal complete shareholding reform rapidly, optimize and perfect corporate governance, and succeed in IPO.

Founded in 2003, located in Nanjing, Jiangsu Province, Lopal is a domestic top independent lubricant manufacturer whose products cover market fields such as vehicle lubricant, industrial lubricant, automotive chemicals and PM2.5 treatment. With the the strict implementation of the national documents on air pollution prevention and treatment, the rise in domestic automotive market sales and the improvement of Lopal's production capacity, automotive urea solution and other automotive aftermarket products manufactured by Kelas, a Lopal's subsidiary,-Kelas will boom.

 
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