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RETO Eco-Solutions Priced, Nasdaq: RETO

Chinese supplier of eco-friendly construction materials.

Industry: Materials

First Day Return: +111.4%

Industry: Materials

We are a manufacturer and distributor of eco-friendly construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings) and fly-ash, as well as equipment used for the production of these eco-friendly construction materials. In addition, we provide project implementation and construction of urban ecological environments including those for the purpose of capturing, controlling and reusing rainwater, commonly called "sponge cities". We also provide parts, engineering support, consulting, technical advice and service, and other project-related solutions for our manufacturing equipment and environmental protection projects. We mainly conduct our operations in China through our wholly owned subsidiary, REIT Ecological, Beijing REIT and its subsidiaries in China. Our business consists of construction materials production and distribution (53% of 1H17 sales) and machinery and equipment production and sales (47%).
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IPO Data
IPO File Date 08/04/2017
Offer Price $5.00
Price Range $4.50 - $5.50
Offer Shares (mm) 2.8
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/28/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $14
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Beijing, China
Founded 1999
Employees at IPO 221
Website reit.manufacturer.globalsources.com

RETO Eco-Solutions (RETO) Performance