Core Viewpoint - Texxon Holding Limited successfully completed its initial public offering, raising a total of $10,925,000, including the exercise of an over-allotment option for 285,000 shares at $5.00 each, with shares trading on Nasdaq under the ticker symbol "NPT" since October 22, 2025 [1]. Company Overview - Texxon Holding Limited is a prominent provider of supply chain management services in the plastics and chemical industries in East China, aiming to create the largest one-stop platform for raw material supply chain management in China [4]. - The company offers a comprehensive range of services to small and medium-sized enterprises (SMEs) in China, including procurement, shipping and logistics, payments, and fulfillment services [4]. - Texxon utilizes a technology-enabled platform and has developed a scalable software architecture to enhance customer experience and streamline the procurement process [4]. - With over a decade of experience, the company has accumulated significant transaction data, which aids in analyzing price trends and market demands [4]. Offering Details - The registration statement for the offering was filed with the SEC and declared effective on September 30, 2025, with the offering conducted on a firm commitment basis [2]. - The final prospectus related to the offering can be obtained from D. Boral Capital LLC or via the SEC's website [2].

Core Viewpoint - Chinese concept stocks experienced significant gains, with the top five performers showing substantial percentage increases in their stock prices [1] Group 1: Top Gainers - Meiyan Tang (MCTA) saw a price increase of 30.5%, closing at 9.670, with a trading volume of 3.2172 million [1] - Wangsu Technology (NPT) rose by 29.47%, closing at 6.370, with a trading volume of 3.7132 million [1] - Xiangsong International (CHSN) increased by 19.64%, closing at 2.500, with a trading volume of 292.2 thousand [1] - ChowChow Cloud International (CHOW) gained 15.83%, closing at 9.220, with a trading volume of 4.1036 million [1] - Meihua International (MHUA) rose by 15.05%, closing at 0.2561, with a trading volume of 250.6 thousand [1]

Core Viewpoint - Texxon Holding Limited successfully closed its initial public offering, raising US$9.5 million by offering 1,900,000 ordinary shares at US$5.00 each, with trading commencing on the Nasdaq Capital Market under the ticker symbol "NPT" [1] Group 1: Offering Details - The offering included an over-allotment option for underwriters to purchase an additional 285,000 ordinary shares at the public offering price [1] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC serving as the sole book-running manager [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to the construction of a polystyrene manufacturing factory in Henan Province, China, including production lines and storage facilities [2] - Funds will also be used to update the supply chain management platform and for working capital [2] Group 3: Company Overview - Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China, aiming to create the largest one-stop supply chain management platform for raw materials [6] - The company utilizes a technology-enabled platform to offer a full range of services to small and medium-sized enterprises (SMEs) in China, enhancing convenience and efficiency in the procurement process [6] - With over a decade of experience, Texxon has accumulated substantial transaction data to analyze market trends and make informed decisions [6]

Group 1: Company Overview - Net Plastic Technology (NPT) raised $9.5 million by issuing 1.9 million shares at an IPO price of $5 per share, with a first-day closing price of $4.91, resulting in a market capitalization of $10.8 million [4][2] - Agencia Comercial (AGCC) raised $7 million by issuing 1.75 million shares at an IPO price of $4 per share, with a first-day closing price of $6.05, resulting in a market capitalization of $20.6 million [7][5] - Net Plastic Technology is headquartered in Shanghai and operates as a chemical distributor, providing one-stop procurement services for the plastics and chemicals industry [4][21] - Agencia Comercial is based in Taiwan and specializes in whiskey distribution, focusing on both bottled and cask whiskey sales [7][21] Group 2: Financial Performance - Net Plastic Technology projects revenue of $510 million and a net profit of $2.26 million for the second half of 2024 [4] - Agencia Comercial anticipates revenue of $2.54 million and a net profit of $780,000 for 2024 [7] Group 3: Market Performance - On its first trading day, Net Plastic Technology's stock opened at $5.15, up 3% from the IPO price, but closed down 1.8% [2] - Agencia Comercial's stock opened at $3.82, down 4.5% from the IPO price, but surged to a high of $8.25, closing up 51.25% [5][6] Group 4: Use of Proceeds - Net Plastic Technology plans to use the IPO proceeds for factory construction, supply chain management platform upgrades, and working capital [4][20] - Agencia Comercial intends to utilize the funds for expanding its supplier network, upgrading proprietary brands, improving warehouse facilities, and general corporate purposes [7][20]

Core Points - Dexon Holdings Limited, a leading supply chain management service provider in the plastic and chemical industry in East China, announced its initial public offering (IPO) pricing at $5.00 per share for 1,900,000 shares [1] - The company expects to raise approximately $9.5 million before deducting underwriting discounts and related expenses, with an option for underwriters to purchase up to an additional 285,000 shares [1] - The funds raised will be used for constructing a polystyrene production facility in Henan Province, upgrading the supply chain management platform, and supplementing working capital [1] Company Overview - Dexon Holdings Limited aims to create the largest one-stop supply chain management platform for plastic and chemical raw materials in China, simplifying the procurement process for small and medium-sized enterprises [3] - The company utilizes a technology-driven platform to provide comprehensive services, including procurement, transportation, logistics, payment, and fulfillment services [3] - With over ten years of experience, the company has accumulated extensive transaction data to analyze price trends and market demand, supporting informed decision-making [3]

Core Viewpoint - NPT Technology (NPT.US) made its debut on the US stock market, triggering a trading halt shortly after opening, indicating significant market interest and volatility [1] Company Summary - NPT Technology's stock opened at $5.03, slightly above its IPO price of $5, reflecting a 0.6% increase before the trading halt [1] - The company specializes in providing a comprehensive suite of supply chain solutions, including credit sales, procurement, and logistics, specifically for clients in the plastics industry [1] - The operation of the "Zhejiang Plastic City Online Trading Market" enhances the company's service advantages within the industry [1] Industry Summary - The IPO is expected to enhance NPT Technology's global influence and contribute to the integration and innovation within the plastics industry ecosystem [1]

Core Viewpoint - NPT.US, a company focused on providing supply chain solutions for the plastics industry, successfully listed on the US stock market, indicating a significant milestone for its global influence and industry integration [1] Company Summary - NPT.US opened at $5.03, slightly above its IPO price of $5, and experienced a trading halt shortly after due to market volatility [1] - The company specializes in offering credit sales, procurement, and logistics services tailored for clients in the plastics sector [1] - The operation of the "Zhejiang Plastic City Online Trading Market" enhances NPT.US's competitive advantage within the industry [1] Industry Summary - The listing of NPT.US is expected to bolster the integration and innovation within the plastics industry ecosystem [1]

Core Viewpoint - Texxon Holding Limited is pricing its initial public offering (IPO) of 1,900,000 ordinary shares at US$5.00 per share, aiming to raise approximately US$9.5 million before expenses, with trading expected to commence on October 22, 2025 under the ticker symbol "NPT" [1] Group 1: Offering Details - The IPO will provide gross proceeds of US$9.5 million, with an over-allotment option for underwriters to purchase an additional 285,000 shares [1] - The Offering is expected to close on or about October 23, 2025, pending customary closing conditions [1] Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to the construction of a polystyrene manufacturing factory in Henan Province, China, including production lines and supporting infrastructure [2] - Funds will also be used to update the supply chain management platform and for working capital [2] Group 3: Company Overview - Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China, focusing on technology-enabled solutions for small and medium-sized enterprises (SMEs) [6] - The company aims to create the largest one-stop supply chain management platform for plastic and chemical raw materials in China, enhancing efficiency and cost-effectiveness for customers [6] - With over a decade of experience, Texxon has developed a scalable software architecture and a robust User Experience Design process to improve customer interactions and decision-making based on substantial transaction data [6]