ZSVC Won Another Victory: Star Project Prolto Was Listed on the Shenzhen Stock Exchange Today

On June 29th, 2015, ZSVC-invested Shenzhen Prolto Supply Chain Management Co., Ltd. (hereinafter referred to as “Prolto”) was officially listed on the Shenzhen Stock Exchange with stock code 002769. The opening price was RMB 37.61 Yuan，the highest price was RMB 41.03 Yuan, the amount of increase was 44.02%, the price reached the op limit of increase for the new stock on the first day of listing at the opening. Chairman of ZSVC Yuemeng Chen was invited to attend the listing ceremony.

As the largest investor of Prolto, the funds under ZSVC invested RMB 28 million Yuan, with holding shares of 7031499, accounting for 12.67% before the issuance. Now, it was the second largest shareholder after president Mr. Shuzhi Chen.

Since its establishment, Prolto has served as platform solution provider dedicated to the logistics, information flow and capital flow of the whole industrial chain based on cloud calculation, mobile internet and other intelligent terminal of cloud device and has become the top supply chain management company in China. 

China Merchants Securities, Xingye Securities, Fortune Securities and other institutions are positive and optimistic towards Prolto. China Merchants Securities estimated the price to earning ratio (PE) was 50-60 with reasonable estimated value range of RMB 97-116.4 Yuan in 2014. Xinye Securities estimated Prolto’s target price to be RMB 139.08 Yuan based on an average price to earning ratio of 95.9 of the industry.

▲From left to right: Chairman of ZSVC Yuemeng Chen, Prolto Managing Director Yun Zhang,

 Prolto President Shuzhi Chen, Prolto Executive Deputy General Manager Ye Zhao

▲The trend chart of Prolto on the first day of listing 

▲QR code of Prolto