The rollout comes as Hangzhou faces growing strain on public security resources. The city’s registered population has surged past 8.8 million, while vehicle ownership exceeded 5 million.
During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.
Together, the two categories accounted for more than one-fifth of Zhejiang’s export growth over the period.
The latest revision expands its forward-looking layer, with a sharper focus on space technology and low-altitude aviation systems.
Under the plan, Wanwei will spend about 7.16 billion yuan ($105 million) to secure 21.88% of voting rights in Ningbo-based Shanshan Corp.
Public records show that Transfer is now the largest supplier for rare earth butadiene rubber in both China and Asia, holding more than 70% of the domestic market.
