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baosight.com

Stage

IPO | IPO

Date of IPO

4/1/2001

About Baosight Software

Baosight Software (SH: 600845) is an industrial software solution provider in information, automation, electromechanical equipment and intelligent manufacturing.

Baosight Software Headquarter Location

Guoshoujing Road No.515 China (Shanghai) Pilot Free Trade Zone

Shanghai, Shanghai,

China

021-20379999

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Latest Baosight Software News

Shanghai Baosight Software Hits Record High On Release of First China-Made Programmable Logic Controller

Jul 27, 2021

(Yicai Global) July 27 -- Shanghai Baosight Software soared to an all-time high after the Chinese computer software company launched its self-developed programmable logic controller for large industrial control systems. The firm’s stock price [SHA:600845] rose as much as the daily trading limit of 10 percent to a record CNY67.84 (USD10.47), before closing up 5.6 percent at CNY65.14. The PLC is considered the brain of the industrial production line. With yesterday’s release, Baosight Software became China’s first company to develop such technology, breaking the monopoly of foreign firms, Shanghai Observer reported. The product has been designed and manufactured independently, using local components and software. Its main technical indicators have been verified in the actual application in the metallurgical industry, the report said. “As the cooperation deepens, Baosight Software will also lead domestic chip and operating system companies to develop various international communication standard protocols, thus driving the common development of upstream and downstream firms,” Chairman Xia Xuesong said. Taiyuan Iron and Steel Group will use Baosight’s large-scale PLC products in the production of cold-rolled silicon steel from the second half of this year, former General Manager Wei Chengwen said, adding “I am confident about this.” Editor: Futura Costaglione

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