日御股份港股IPO招股书失效

Core Viewpoint - Jiangsu Riyu Photovoltaic New Materials Co., Ltd. (Riyu Co.) has seen its Hong Kong IPO application expire after six months, with Guotai Junan International as its sole sponsor [1] Company Overview - Riyu Co. is a supplier of conductive silver paste and metallization paste solutions based in Wuxi, Jiangsu Province, China, focusing on the manufacturing and supply of conductive photovoltaic silver paste [1] - The company produces conductive photovoltaic silver paste for various types of solar cells, including TOPCon, xBC, and PERC cells [1] Market Position - According to a report by Frost & Sullivan, Riyu Co. is a leading global supplier of conductive photovoltaic silver paste, projected to rank first among the top five photovoltaic silver paste manufacturers globally by revenue growth from 2022 to 2024 [1] - In the fiscal year 2024, the company's revenue and sales are expected to account for approximately 4.8% of the total revenue and total sales in the global conductive photovoltaic silver paste industry [1]