Group 1 - The core viewpoint of the article is that Ronglian Regeneration Technology International Limited is preparing for its IPO, with its prospectus submitted on August 25, 2025, and set to expire on February 25, 2026, with Zhongtai International as the sole sponsor [1] - Ronglian Regeneration Technology was established in March 2017 and is a leading manufacturer of recycled acrylic products in China, focusing on the research and production of recycled MMA and PMMA sheets [2] - The company aims to promote the use of renewable resources to advance the development of a circular economy, ranking first in China in terms of revenue from recycled MMA and PMMA sheets as of the fiscal year ending December 31, 2024 [2] Group 2 - In the last quarter of the 2024 fiscal year, the company's third PMMA sheet production line entered trial production and testing, expected to be operational by the fourth quarter of 2025 [2] - The anticipated capacity expansion is expected to enhance the company's operational efficiency and ability to consistently deliver high-quality products, ensuring timely fulfillment of customer demands [2]