Core Viewpoint - The IPO project of Corun New Materials, a leading domestic proton membrane company, has officially commenced with the signing of agreements with various financial and legal institutions, marking a significant milestone in the company's development [1][3][5]. Group 1: Company Overview - Corun New Materials specializes in the research and production of perfluorosulfonic acid proton exchange membranes, with a focus on hydrogen fuel cells, vanadium flow energy storage, and water electrolysis for hydrogen production [9]. - The company has an annual production capacity of over 1.5 million square meters of proton membranes, achieving a market share of over 70% in the domestic perfluorosulfonic acid proton exchange membrane sector [11]. Group 2: Research and Development - Corun New Materials holds over 120 patents related to perfluorinated ion membranes, including one PCT international patent, and has a research team that constitutes over 50% of its total workforce [12]. - The company collaborates with prestigious institutions such as Xiamen University and the Chinese Academy of Sciences, establishing key laboratories and innovation platforms [12]. Group 3: Market Position and Achievements - Corun New Materials has become a top player in the domestic proton exchange membrane industry, with its products exported to developed countries including Japan, South Korea, Canada, and Germany [11]. - The company has been recognized as a potential unicorn enterprise in China and has received various accolades, including the Jiangsu Provincial Science and Technology Award [12].