CNGR(SZ:300919) 智通财经网·2025-10-23 12:19Core Viewpoint - Zhongwei Co., Ltd. is progressing with its H-share listing application on the Hong Kong Stock Exchange, having submitted an updated application on October 23, 2025, indicating a significant step in its IPO process [1] Group 1: Company Developments - The Hong Kong Stock Exchange's listing committee held a hearing on October 2, 2025, to review Zhongwei's IPO application, which has now advanced to the latter stages of the process [1] - Zhongwei Co., Ltd. is recognized as a leading domestic new energy materials science company, with a diversified product matrix including nickel-based, cobalt-based, phosphorus-based, and sodium-based materials [1] - The company has achieved the number one global market share for nickel and cobalt materials for five consecutive years, while its phosphorus materials business has rapidly developed to rank among the industry's top tier [1] Group 2: Strategic Initiatives - Since 2017, Zhongwei has maintained continuous growth in operational scale and revenue, capitalizing on industry expansion and strategically positioning itself during industry adjustments [2] - The company is implementing a "new four modernizations" strategy focused on technological diversification, global development, digital operations, and ecological industry integration [2] - Zhongwei is gradually establishing a closed-loop industrial model that integrates raw ore smelting, raw material refining, new energy materials manufacturing, and terminal recycling [2]