Nanjing Shenghang Shipping, a domestic shipping service provider, has listed on National Equities Exchange and Quotations (NEEQ), a national securities exchange for smaller enterprises on August 5.
The company plans to expand financing sources for its fleet expansion through the listing.
The company mainly offers oil and chemical shipping services on domestic coastal and Yangtze River markets. It currently operates 10 chemical tankers with total capacity of 55,000dwt.
Currently delisted Nanjing Tanker is also trading in NEEQ, with plans to return to the stock exchange by 2017.