Image Credit: Univ

On December 28,Shanghai Universal Biotech Co.,Ltd. was listed on the Shenzhen Stock Exchange (SZSE) ChiNext, stock code: 301166. The issue price is CNY 86.06 per share, and the opening price is CNY 92 per share.

Univ is a scientific service provider that provides life science reagents and related instruments, consumables and comprehensive technical services with antibodies as the core for universities, scientific research institutes, hospitals and biomedical companies. At present, the company provides more than 4 million SKUs of life science reagent products, covering life science basic research, medical basic research, in vitro diagnostic research, drug research and development, cell therapy research and other fields.

In the first half of 2021, Univ achieved revenue of CNY 508,397,900, and in 2020, achieved revenue of CNY 849,080,700.

Since its establishment in 2004, Univ has been focusing on antibodies and related products, and has gradually developed into a one-stop service provider for life sciences.The raised funds of CNY 1.865 billion  will be used for online marketing network and informatization construction projects, offline marketing and service network upgrade projects, R&D center construction projects, and supplementary liquidity projects.