海底捞、蜜雪冰城供应商，生物基降解新材料制品企业，启动IPO辅导

Core Viewpoint - Ningbo Changya New Materials Technology Co., Ltd. (Changya Co., Ltd.) has submitted an application for the first public offering of stocks and listing guidance, which was accepted by the Ningbo Securities Regulatory Bureau on December 29, 2025 [1]. Company Basic Information - Changya Co., Ltd. was established on January 14, 2013, with a registered capital of 111.34 million yuan. The legal representative is Xu Jianhai, and the company is located at 766 Dongsheng Road, Jiao Chuan Street, Zhenhai District, Ningbo, Zhejiang Province [2]. - The controlling shareholder is Ningbo Changya Asset Holding Co., Ltd., which directly holds 49.54% of the shares [2]. - The company specializes in the research, production, and sales of plastic dining utensils, biodegradable dining utensils, and paper dining utensils, primarily producing paper and PLA disposable tableware [4]. IPO Application Progress - Changya Co., Ltd. previously submitted an IPO application to the Shenzhen Stock Exchange in June 2023. However, in May 2024, the company decided to withdraw the application due to changes in the capital market environment and its operational situation, leading to the termination of the project in June 2024 [3][4]. Financial Performance - The company's revenue for the years 2020, 2021, 2022, and the first nine months of 2023 were 512.15 million yuan, 623.03 million yuan, 918.64 million yuan, and 536.39 million yuan, respectively. The net profit attributable to the parent company for the same periods was 73.04 million yuan, 53.49 million yuan, 124.67 million yuan, and 72.07 million yuan [6]. - The total assets as of September 30, 2023, were 1,013.60 million yuan, with equity attributable to the parent company at 607.29 million yuan. The asset-liability ratio was 42.50% [7]. Client Base - The main customer groups include chain supermarkets, disposable material suppliers, and distributors of food packaging products. Notable clients include Dollar General, KFC, Burger King, Panda Express, and others [8][10]. - The company's products are primarily exported, with overseas sales accounting for 95.80%, 95.96%, 98.25%, and 96.95% of the main business revenue in the respective years [11].