族兴新材过会：今年IPO过关第84家 西部证券过首单

Core Viewpoint - Changsha Zuxing New Materials Co., Ltd. has been approved for IPO by the Beijing Stock Exchange, marking it as the 84th company to pass the review this year, with a focus on aluminum pigments and fine spherical aluminum powder in the new materials industry [1]. Company Overview - Zuxing New Materials was established in 2007 and specializes in the research and development of aluminum pigments and fine spherical aluminum powder, which are categorized under functional powder materials in the non-ferrous metal sector [1]. - The company's products are utilized in various strategic emerging fields, including chemicals, modern pesticides, refractory materials, self-heating materials, new energy (solar electronic slurry), aerospace (solid propellants, lightweight alloys), and nuclear waste treatment [1]. - The aluminum pigments produced by Zuxing are widely used in coatings, printing inks, and plastics, with applications in automotive, 3C products, home appliances, aircraft, ships, engineering machinery, and construction materials [1]. Shareholding Structure - Liang Xiaobin holds 50,577,500 shares, accounting for 52.14% of the total share capital, making him the controlling shareholder and actual controller of the company [2]. IPO Details - Zuxing plans to publicly issue no more than 23 million shares, with a potential additional issuance of up to 3.45 million shares through an over-allotment option, bringing the total to a maximum of 26.45 million shares [3]. - The company aims to raise approximately 208.11 million yuan, which will be allocated to projects including the construction of a 5,000-ton high-purity fine spherical aluminum powder production facility and a 1,000-ton high-performance aluminum pigment for powder coatings [3]. Regulatory Review - The review committee has requested further clarification on the authenticity of sales, particularly regarding major orders and customer relationships, to ensure compliance with internal control mechanisms [4][5].