Group 1 - 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 common shares and list on the Hong Kong Stock Exchange [1] - Jinyan High-tech specializes in coal series kaolin in China and possesses a fully integrated capability across mining, R&D, processing, production, and sales [4] - The company is a major producer of calcined kaolin products, relying on rich and high-quality coal series kaolin mineral resources [4] Group 2 - Jinyan High-tech's product offerings include precision casting mullite materials and refractory mullite materials, which are essential for precision casting shells and refractory materials [4] - The company has established a solid market position due to its vertically integrated business model and product quality advantages [4] - According to Frost & Sullivan, Jinyan High-tech is the largest producer of precision casting mullite materials in China, with a market share of 19.1% based on projected revenues for 2024 [4] Group 3 - The market size for precision casting mullite 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 mullite 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]
金岩高新港股IPO获中国证监会备案
Zhi Tong Cai Jing·2025-10-19 23:34