TONGDA Successfully Listed on the National Equities Exchange and Quotations (NEEQ), Marking a New Chapter of Sustainable Growth
TONGDA Enters a New Stage of Development Through Capital Market Recognition
October 30, 2025 marks a significant milestone in the development of TONGDA. On this date, Suzhou TONGDA Machinery Co., Ltd. (Stock Name: TONGDA, Stock Code: 874958) was officially listed on the National Equities Exchange and Quotations (NEEQ), commonly known as China's "New Third Board."
The successful listing represents an important step in TONGDA's long-term development strategy. More than a capital market milestone, it provides the company with a stronger platform to accelerate technological innovation, strengthen operational capabilities, expand its global market presence, and pursue sustainable growth in the extrusion blow molding machinery industry.
Supported by steady financial performance, TONGDA reported annual revenues of RMB 307 million in 2023 and RMB 387 million in 2024, while maintaining consistent profitability. These results demonstrate the company's established operational foundation and provide a solid basis for continued investment in research, development, manufacturing, and international market expansion.
More Than Two Decades of Expertise in Extrusion Blow Molding Technology
Founded in 1999, TONGDA has dedicated more than 25 years to the research, development, manufacturing, and commercialization of extrusion blow molding machines.
Over the past two decades, the company has continuously focused on extrusion blow molding technology and has developed extensive experience in equipment design, process optimization, intelligent control, and application-specific solutions.
Today, TONGDA has established itself as one of China's leading manufacturers of extrusion blow molding equipment, supported by an integrated innovation ecosystem and advanced manufacturing capabilities. Its product portfolio serves a wide range of applications, including industrial packaging, chemical containers, IBC tanks, automotive components, and other hollow plastic products.
TONGDA also serves as a Vice Chairman Member of the China Plastics Machinery Industry Association (CPMIA) and has been recognized as a National "Little Giant" Enterprise specializing in advanced manufacturing, as well as a Jiangsu High-Tech Enterprise.
Its innovation platform includes several provincial-level R&D centers, including the Jiangsu Enterprise Technology Center and the Jiangsu Engineering Research Center for Extrusion Blow Molding Technology. The company also operates a Postdoctoral Innovation Practice Base and a Graduate Research Workstation, supporting closer collaboration among industry, academia, and scientific research institutions.
These platforms provide TONGDA with a foundation for continuously developing new technologies and improving existing extrusion blow molding solutions according to changing market and manufacturing requirements.
Industry-Leading Innovation Backed by Strong Technical Capabilities
Since 2011, TONGDA has consistently ranked among the Top Three manufacturers in China's extrusion blow molding machinery industry for fifteen consecutive years.
The company's technical capabilities are also reflected in its involvement in industry standardization. TONGDA has participated in the development of six national standards, one industry standard, and one association standard related to extrusion blow molding equipment.
Participation in standards development enables TONGDA to contribute its engineering experience to the broader development of the plastics machinery sector while keeping its technologies aligned with evolving industry requirements.
TONGDA's R&D team includes nationally recognized experts, including a recipient of China's prestigious National Ten Thousand Talents Program, together with multiple senior engineering professionals specializing in extrusion blow molding technology.
The company's innovation achievements have also been recognized through participation in major national and provincial scientific research programs, including the National Torch Program and the Jiangsu Scientific and Technological Achievement Transformation Program.
Over the years, TONGDA has received various industry and technology honors, including the Second Prize of the Jiangsu Science and Technology Award and the Second Prize of the China Machinery Industry Science and Technology Award. These achievements reflect the company's sustained investment in technological development and its efforts to transform research capabilities into practical manufacturing solutions.
From Equipment Manufacturing to Intelligent Production Solutions
As manufacturing requirements continue to evolve, the extrusion blow molding industry is moving toward higher levels of automation, precision, energy efficiency, and digital management.
TONGDA is responding to these changes by continuously integrating advanced technologies into its equipment and production solutions. Its development direction extends beyond conventional machine manufacturing toward more intelligent and connected production systems.
Technologies such as intelligent control, automated production processes, energy-efficient hydraulic systems, and advanced process management are becoming increasingly important for manufacturers seeking to improve productivity while controlling operating costs.
By combining its accumulated experience in mechanical engineering with ongoing development in intelligent manufacturing, TONGDA aims to provide customers with extrusion blow molding solutions that can adapt to increasingly demanding production environments.
Accelerating Intelligent and Sustainable Manufacturing
The NEEQ listing represents more than a capital market milestone—it provides new momentum for TONGDA's future growth.
Building on this new platform, the company will continue to invest in next-generation manufacturing technologies, with strategic priorities focused on:
Advancing extrusion blow molding technology through continuous innovation
Developing intelligent and fully automated production systems
Expanding energy-efficient and sustainable manufacturing solutions
Strengthening global market competitiveness through technological leadership
By integrating advanced engineering, smart manufacturing, and green production concepts, TONGDA aims to create greater value for customers, investors, and industry partners while contributing to the high-quality development of China's plastics machinery sector.
Looking Ahead
With the successful completion of its NEEQ listing, TONGDA enters a new era of innovation-driven growth.
The company remains committed to delivering high-performance extrusion blow molding solutions, expanding its global footprint, and supporting manufacturers worldwide with advanced, reliable, and sustainable production technologies.
As TONGDA continues its journey, it will leverage the opportunities created by capital markets to strengthen its innovation capabilities and help shape the future of the global extrusion blow molding industry.