Tianjin TEDA Co., Ltd. is a Chinese conglomerate based in

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popu ...

, China TEDA is the acronym of

Tianjin Economic-Technological Development Area Tianjin Economic-Technological Development Area (), commonly abbreviated as TEDA () is the main free market zone in Binhai, Tianjin, China. It was formed in late 1984. History The area was created in late 1984. Since 1997, the Ministry of Com ...

. As at 8 November 2016, Tianjin TEDA is a consistent of

SZSE Component Index The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE. Constituents The full list of all constituent stocks can be found aSZSE Related indices * ...

but not in

SZSE 300 Index SZSE 300 Price Index () and its sub-indexes SZSE 100 Price Index and SZSE 200 Price Index were the stock market indices of Shenzhen Stock Exchange, representing top 300 companies by free float adjusted market capitalization. The sub-indices repre ...

, making the company was ranked between the 301st to 500th by free float adjusted market capitalization.

History

The predecessor of the company was founded on 20 July 1992 (as ). In 1996 the shares of the company was started to float on the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exch ...

. In 1997 it was takeover by TEDA Group () from Tianjin Textile Industry Corporation () as a

reverse IPO A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compan ...

. In the same year the company was renamed into Tianjin TEDA Co., Ltd. ().

References

External links

* {{in lang, zh Companies established in 1992 Companies based in Tianjin Companies owned by the provincial government of China Conglomerate companies of China Companies listed on the Shenzhen Stock Exchange