Core Viewpoint - Jinyan Gaoling New Materials (02693) has successfully listed, with an initial share price of HKD 7.3, raising approximately HKD 124 million from the issuance of 24.3 million shares, and has seen a 27.4% increase in share price to HKD 9.3 at the time of reporting [1] Company Overview - Jinyan Gaoling New Materials specializes in coal series kaolin in China, possessing an integrated capability across the entire value chain from mining, R&D, processing to production and sales [1] - The company ranks fifth in the market with a 5.4% market share in the revenue of coal series calcined kaolin companies in China, according to data from Frost & Sullivan [1] - Jinyan Gaoling New Materials is the largest producer of precision casting mullite materials in China, holding a market share of 19.1% based on projected revenue for 2024 [1] Product Offering - The company's main products include precision casting mullite materials and refractory mullite materials, which are essential for precision casting shells and refractory materials [1] - Additionally, the company sells semi-coke powder, which customers can further process [1]
金岩高岭新材首挂上市 早盘高开27.4% 公司为中国最大的精铸用莫来石材料生产商