Core Viewpoint -沃尔核材 has successfully listed on the Hong Kong Stock Exchange with an initial share price of HKD 20.09, raising approximately HKD 2.734 billion from the issuance of 140 million shares [1] Company Overview -沃尔核材 is one of the largest providers of heat shrink materials and communication cable products globally [1] -According to Frost & Sullivan, the company ranks fifth among global communication cable manufacturers with a market share of 12.7% based on projected 2024 revenues [1] -The company holds the top position in the global heat shrink materials industry, with a market share of 20.6% based on projected 2024 revenues [1] -In the global electric power transmission products for new energy vehicles sector, the company ranks ninth with a market share of 1.9% based on projected 2024 revenues [1] -For the global cable accessories industry, the company ranks seventh with a market share of 2.5% based on projected 2024 revenues [1] Market Activity -As of the report,沃尔核材's stock price has increased by 0.05% to HKD 20.1, with a trading volume of HKD 166 million [1] -Effective February 13, 2026,沃尔核材 will be included in the Hong Kong Stock Connect program, following the adjustment of the eligible securities list by the Shenzhen Stock Exchange [1]

Group 1 - The core point of the article is that沃尔核材 (002130) has successfully listed on the Hong Kong Stock Exchange with a share price of HKD 20.09, issuing 140 million shares and raising approximately HKD 27.34 billion in net proceeds [1] - The company is recognized as one of the largest providers of heat shrink materials and communication cable products globally, ranking fifth among communication cable manufacturers with a market share of 12.7% based on projected 2024 global revenue [1] - In the global heat shrink materials industry, the company holds the top position with a market share of 20.6% according to 2024 revenue estimates [1] Group 2 - The company ranks ninth in the global electric power transmission products for new energy vehicles, with a market share of 1.9% based on 2024 revenue projections [1] - In the global cable accessories industry, the company is ranked seventh, holding a market share of 2.5% according to 2024 revenue estimates [1] - An important regulatory update indicates that沃尔核材 will be included in the Hong Kong Stock Connect program effective February 13, 2026, following the Shenzhen Stock Exchange's announcement regarding the adjustment of eligible securities [1]