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Representatives from Zhejiang Chenguang Cable Co Ltd pose for a photo at the listing ceremony on July 12. [Photo/cnjxol.com]

Zhejiang Chenguang Cable Co Ltd in Pinghu, a county-level city in Jiaxing, East China's Zhejiang province was listed on the Beijing Stock Exchange on July 12, according to local media reports.

It is the third company in the city to be listed on the Beijing Stock Exchange this year.

It began trading under the stock code 834639, and its initial public offering raised about 200 million yuan ($29.75 million).

Founded in 1984, Chenguang Cable is a large-scale professional enterprise in the cable industry integrating R&D, manufacturing, marketing and services. The company's main products include XLPE insulated power cables of 220 kilovolt and below, overhead insulated cables, equipment cables, new energy cables, smart cables and household wires.

Its products have been used in many major engineering projects, including the Beijing Olympic Games, Beijing APEC, Shanghai World Expo, and Shanghai Disney Resort.

According to the Jiaxing municipal finance office, since this year, the city has added 8 listed enterprises, and the number of listed enterprises in the city has reached 78. By the end of June, the total market value was 916.85 billion yuan, the third highest in the province.