Gengsheng Materials, Inc. Wednesday announced that it has received approval to list its common stock on NYSE Amex and will begin trading March 4 under the ticker symbol “CHGS”.
The high-tech industrial materials produced by the China-based company are capable of withstanding high temperatures, which saves energy and boosts productivity in certain industries such as steel and oil.
“We are excited to be moving onto NYSE Amex as this opens a new chapter in our 25-year corporate history,” said Shunqing Zhang, Chairman and CEO of China Gengsheng Minerals. “As a leading industrial materials company, China Gengsheng Minerals has successfully developed new products to help oil and steel producers improve efficiency and conserve resources. The transition to NYSE Amex enables China Gengsheng to gain more visibility among institutional investors, and to strengthen our investor base.”