新股消息 | 金岩高新港股IPO获中国证监会备案

Core Viewpoint - The China Securities Regulatory Commission has issued a notice regarding Anhui Jinyan Kaolin New Materials Co., Ltd.'s plan to issue up to 27,945,000 overseas listed ordinary shares and list on the Hong Kong Stock Exchange [1] Company Overview - Anhui Jinyan specializes in coal series kaolin and possesses a fully integrated value chain from mining, research and development, processing, to production and sales [4] - The company is a major producer of calcined kaolin products in China, relying on rich and high-quality coal series kaolin mineral resources [4] - Key products include materials for precision casting and refractory materials, which are essential for precision casting shells and refractory materials [4] Market Position - With a vertically integrated business model and product quality advantages, the company has established a solid market position [4] - According to Frost & Sullivan, the company is the largest producer of precision casting kaolin materials in China, holding a market share of 19.1% based on projected revenues for 2024 [4] Market Growth Projections - The market size for precision casting kaolin materials in China is expected to grow from approximately 972 million RMB in 2024 to 1.362 billion RMB in 2029, with a compound annual growth rate (CAGR) of 7.0% [4] - The market size for refractory kaolin materials in China is projected to increase from 5.526 billion RMB in 2024 to 6.431 billion RMB in 2029, with a CAGR of 3.1% [4]