DCSX has approved the additional listing of 10 million ordinary shares of NGBA International Holdings Limited (DCSX Symbol: NGBA).  The mandated Listing advisor is SSC Corporate Services Limited.

NGBA International Holdings Limited (“The Company”) was incorporated in the British Virgin Islands as a public company limited by shares on 13 May 2020 and is the Holding company. Zhejiang NGBA Data Technology Co., Ltd (A PRC limited liability company and deemed a wholly foreign-owned enterprise (WFOE) is the main operating entity of the Group in China; is a modern E-Commerce business company founded in 2014, operating in Zhejiang Province, its well-developed online trading platform allows it to offer its products and services around China.

Its primary products and services include agriculture data collection and analysis, agriculture application development, database management services, software technology development, online sales of primary edible agricultural products, fertilizers, feed, farm tools, agricultural machinery, crop pest prevention, and control services. The Group is also dedicated to grasping production and sales dynamics based on data analysis in order to reduce overall production costs. It continually implements new technology into the countryside and serve farmers in the way of offering knowledge and assistance.

The Company seeks to be listed on the DCSX for the following reasons:

• To improve the liquidity of the Company’s assets and shares, allowing it to expand its business and achieve long-term growth;
• To explore opportunities to enter the international market;- To gain ongoing access to the capital market by listing on the DCSX;
• To provide ongoing transparency to the Company’s shareholders, customers, and other key stakeholders;
• To elevate the Company’s brand image; and
• To enhance the Company’s corporate governance by matching the standard of corporate governance in the international capital market.

Further details about the fund can be found on our Markets page under Fund Symbol NGBA.