Shenzhen Phoenix Telecom Technology Co., Ltd. has completed an IPO in the amount of CNY 960.48 million.

Shenzhen Phoenix Telecom Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of network equipment. The Company's main products include switches, routers and wireless products, and components for communications equipment. Its products are mainly used in operators, government, education, finance, energy, electricity, transportation, small and medium-sized enterprises, hospitals, as well as in the personal consumption market.