Core Viewpoint - Zhongwei Co., Ltd. (300919.SZ) has seen its Hong Kong IPO application expire after six months, with Morgan Stanley and Huatai International as joint sponsors. The company is a leader in the production of innovative new energy materials, particularly in the lithium-ion battery precursor materials market [1]. Group 1: Company Overview - Zhongwei Co., Ltd. is an innovative new energy materials company focused on the research, development, production, and sales of new energy battery materials and new energy metal products [1]. - Since 2020, the company has been the global leader in the shipment volume of nickel and cobalt-based lithium-ion battery precursor active materials (pCAM) for five consecutive years [1]. - By the first quarter of 2025, Zhongwei Co., Ltd. is expected to be the top supplier of phosphate pCAM in the global export market [1]. Group 2: Business Operations - The company has established an integrated operation system that covers the entire value chain, from upstream new energy metal mining, smelting, and refining to the production and recycling of new energy materials [1].
中伟股份港股IPO招股书失效