Yantai Raytron Technology Company was listed in the new science and technology innovation board in Shanghai on July 22, becoming the first of its kind in Shandong province.

Raytron Technology Co, located in Yantai Economic and Technological Development Zone, has developed into a word-leading Integrated circuit company, focusing on producing and designing infrared imaging products and MEMS system sensors.

On June 13, China inaugurated its Nasdaq-like STAR Market, also known as the sci-tech innovation board, at the Shanghai Stock Exchange, commencing the country's much-anticipated capital market reform.

The new market will support tech companies that are in line with the national strategies, make breakthroughs in core technologies and are well accepted by the market to grow stronger.

Yantai Raytron Technology Company was also one of the first batch of 25 listed companies to the new board in China.

After its launch, the total number of listed companies in Yantai has reached 48, among which 39 are listed in China and nine are listed overseas.

Raytron Technology Co, located in Yantai Economic and Technological Development Zone.[Photo/ntie.com.cn]

The listing ceremony of the first batch of companies on the STAR Market is held in Shanghai, July 22. [Photo by Shi Jing/chinadaily.com.cn]