On October 16, 2020, Pan Asian Microvent Technology Co., LTD.  which is the customer of Daxiang Investment, successfully logged on the Science and Technology Innovation Board.

Microvent is listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange with the stock code "688386". The A-share capital of the company is 70 million shares, and the issue price is 16.28 yuan per share.

Warm congratulations to Daxiang Investment customers -Microvent through successful listing!

Pan Asian Microvent Technology Co., LTD. successfully listed on the Science and Technology Innovation Board

Microvent Through the IPO sponsor for the Orient Securities, issuer accountant for Tianjian, lawyer for Xinda. The IPO advisory firm is the elephant investor.

The company is mainly engaged in the research and development, production and sales of expanded polytetrafluoroethylene film (ePTFE) and other micro-porous materials and their modified derivatives, seals, water retaining films.

Through the modification and composite of micro-porous materials such as ePTFE film, Microvent continuously develops customized component products with special acoustic, electrical, magnetic, thermal, waterproof and breathable, gas management, weather resistance and chemical resistance. Microvent's products are widely used in the automotive, consumer electronics, new energy, security, aerospace, cable, packaging, medical, clothing, chemical and many other industries.

Over the past 25 years, Microvent's core team has broken multiple barriers, mastered the industrial production, processing and application technology system, and has the ability to independently design and produce main tooling equipment. Microvent is one of the few companies in the industry to master the core technology of ePTFE film, with 180 patents, including 35 invention patents and 3 PCT patents from the United States and Japan. 140 utility model patents and 2 design patents.

As of now, Microvent has 47 invention patents pending. In collaboration with Zhejiang University, Microvent has successfully developed various SiO₂ aerogel materials, including multi-layer porous, elastic, and transparent. The company has established Jiangsu Province expanded polytetrafluoron membrane and aerogel composite engineering technology Research Center recognized by Jiangsu Provincial Department of Science and Technology. It has 9 provincial and municipal high-tech products, and many core product technical indicators have reached the advanced level of the industry. It has led the drafting of the industry standard "Waterproof Breathable Components for Protection of Automotive Electrical and Electronic Equipment".