Core Viewpoint - Hunan Hengxing New Materials Technology Co., Ltd. has received acceptance for its IPO on the Beijing Stock Exchange, with a focus on UV curing coatings and PUR hot melt adhesives, indicating strong growth potential in the industry [2] Company Overview - Established in March 1996, Hengxing is a high-tech enterprise specializing in the R&D, production, and sales of UV curing coatings and PUR hot melt adhesives, recognized as a national "little giant" enterprise [2] - The company has been a leader in the UV coating industry for PVC flooring for nearly two decades, with a diverse client base including major companies such as Aili Home and Jiangsu Zhengyong [2] Financial Performance - The company's revenue for the years 2022 to 2024 is projected to be 652 million yuan, 755 million yuan, and 879 million yuan respectively, while net profit attributable to shareholders is expected to be 46 million yuan, 113 million yuan, and 113.45 million yuan [2] Shareholding Structure - The largest shareholder, Xianghengqi, holds 35.1 million shares, accounting for 55.79% of the total shares, making it the controlling shareholder [4] - Li Haodan directly holds 16.99 million shares (27.01%) and indirectly controls 82.81% of the voting rights, serving as the chairman and general manager of the company [4] Management Background - Li Haodan, born in September 1974, has extensive experience in the chemical industry, having held various managerial positions before becoming the chairman and general manager of Hengxing [4]