Zhongshan-based Golden Horse Technology Entertainment Corp Ltd (Zhongshan Golden Horse) was listed on Shenzhen Stock Exchange on December 28 and became the first game and amusement equipment manufacturer in China to land A-share market. The company was also among the annual top three with a 53.86 yuan/share IPO price.

Reportedly, Zhongshan Golden Horse plans to raise 450 million yuan through the IPO for investing the recreation facility construction project, R&D center project and the animation-related game and amusement facility project.

"Golden Horse's IPO is an encouragement for the whole industry and drives development of Zhongshan game and amusement sector." Director of Zhongshan Association of Game and Amusement Industry Ye Weitang says. He believes Golden Horse does help other companies find developing direction and space.