Core Viewpoint - Suzhou Fengbei Biotechnology Co., Ltd. successfully listed on the Shanghai Stock Exchange, marking a significant milestone for the company and the Zhangjiagang region's capital market development [1][3]. Company Overview - Founded in 2014, Suzhou Fengbei Biotechnology focuses on transforming waste oil into valuable resources through an innovative technology system, achieving comprehensive resource utilization from source to end [3]. - The company issued 35.9 million shares at an IPO price of 24.49 yuan per share, raising approximately 879 million yuan for product research and project construction [3]. Market Impact - The successful listing is expected to support the company's goal of becoming a leading global enterprise in oil resource utilization and inject strong momentum into the Zhangjiagang capital market [3][4]. - Zhangjiagang currently has 34 listed companies, with 10 in the bonded area, and aims to enhance support for enterprises in financing, listing guidance, and operational standardization [4]. Future Plans - The company plans to leverage its listing as an opportunity to focus on its core business and deepen innovation, particularly in the field of oil resource utilization for biobased materials and biofuels, contributing to national carbon neutrality goals [4].

Core Points - Fengbei Bio, a leading company in the comprehensive utilization of oil resources, officially listed on the Shanghai Stock Exchange on November 5 [1][5] - On its first trading day, Fengbei Bio opened at 66.00 CNY per share, a 169.50% increase from the issue price, reaching a peak of 76.00 CNY, which is a 210.33% rise, and closing at 66.76 CNY, up 172.60%, with a total market capitalization of 9.58 billion CNY [2][5] Company Overview - Fengbei Bio has established itself in the green sector of oil resource utilization, creating a circular industry model of "oil raw materials - biofuels - bio-based materials" [5] - The company has been recognized as a national-level "specialized and innovative" small giant, holding 139 patents, including 33 domestic invention patents and 3 international invention patents [5][9] - Fengbei Bio's products are exported globally and have received international certifications, including the EU ISCC [5] Future Outlook - The company aims to focus on core business areas and deepen innovation, investing in cutting-edge technology research related to oil resource utilization [5] - Fengbei Bio plans to contribute to the national "dual carbon" goals through the large-scale application of green oil resources in bio-based materials, bio-aviation fuel, and bio-marine fuel [5] Market Impact - The successful listing of Fengbei Bio is seen as a significant milestone for the company and a new starting point for its development [5][9] - The listing is expected to provide strong support for Fengbei Bio to become a global leader in oil resource utilization and inject momentum into the capital market in Zhangjiagang [9][11]