Suntak Technology (SHE:002815) subsidiary Jiangsu ProNova Electronics was inducted into the Innovation Layer of the National Equities Exchange and Quotations, according to a Thursday filing with the Shenzhen bourse.
The subsidiary passed the requirements for admission to the high-growth segment, including a net profit of at least 10 million yuan in the past two years, an average return on net assets of at least 6% in the past two years, and total share capital of at least 20 million yuan from the date of entry.