Zhong Guo Jing Ji Wang·2025-08-30 07:53Core Viewpoint - Xiamen Hengkang New Materials Technology Co., Ltd. has successfully passed the IPO review by the Shanghai Stock Exchange, marking it as the 45th company to receive approval this year [1]. Company Overview - Hengkang New Materials focuses on the research and industrial application of key materials in the integrated circuit field, being one of the few domestic companies capable of developing and mass-producing 12-inch integrated circuit wafer manufacturing materials [1]. - The company primarily engages in the research, production, and sales of photoresist materials and precursor materials [1]. IPO Details - The company plans to publicly issue no more than 67,397,940 shares, which represents up to 15% of the total share capital after issuance, with a minimum of 10% [2]. - The total fundraising target is 1,006.695 million yuan, aimed at funding the second phase of the integrated circuit precursor project and advanced materials for integrated circuits [3]. Underwriting Information - The lead underwriter for the IPO is CITIC Securities Co., Ltd., marking the fifth successful IPO project for CITIC Securities this year [1]. Shareholding Structure - The actual controller of Hengkang New Materials is Yi Rongkun, who directly holds 19.52% of the voting rights and controls an additional 21.35% through various agreements, totaling 40.87% [2].