SYDNEY, Aug. 29, 2016 /PRNewswire/ -- ZKP Group Limited (ACN610299271, "ZKP"), the leading Chinese manufacturer of optical communication products today announced its initial public offering of 2,042,000 shares at AUD$1 per share for a total offering size of AUD$2,042,000 on the National Stock Exchange of Australia ("NSX") on August 29, 2016.
ZKP is engaged in research, manufacturing, processing and sales of optical communication products and integrated network systems and its products are widely used in aviation, aerospace, media, electricity, communication, transportation, electronics, health care and education.
AGC Capital Securities (AFSL: 481024, "AGC") 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. This will make ZKP the largest company in the global optical communication production industry in terms of annual capacity, paving the way for its entry into China's top 500 industrial enterprises.
ZKP has a proven track record of successfully delivering high-quality products and services to various carriers and customers. Now with access to the Australian capital market and by continuing its own technological innovations, ZKP is likely to further enhance its market position and grow sales.
About ZKP Group Limited
Established in November 2011, ZKP has grown into a leader in the global fiber optic communication industry. ZKP's high-precision special ceramic component has a pore size, roundness error of only 0.5 microns. It is the most popular precision positioning piece in optical fiber communication due to its excellent optical performance, great compatibility and high level of strength and corrosion resistance.
Compared to its peers, ZKP is highly competitive in manufacturing ceramic ferrules. Currently, ZKP is one of only two Chinese optic communication companies that have independently developed their own powder formulation technology.
SOURCE ZKP Group