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IPO News | Tianci Materials (002709.SZ) Hong Kong Stock IPO Filed by China Securities Regulatory Commission
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The Zhitong Finance App learned that on September 11, the International Cooperation Department of the China Securities Regulatory Commission issued the “Notice Concerning the Overseas Issuance and Listing of Guangzhou Tianci High-tech Materials Co., Ltd.” Tianci Materials (002709.SZ) intends to issue no more than 412,760,200 overseas listed common shares and list them on the Hong Kong Stock Exchange.

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According to the prospectus, Tianci Materials is a leading global new energy and advanced materials company driven by technological innovation. It mainly focuses on providing comprehensive solutions for lithium-ion battery materials, daily chemical materials and specialty chemicals to global enterprise customers.

In terms of daily chemical materials and specialty chemicals, the company is one of the earliest companies in the Chinese personal care products industry to promote business internationalization. After more than ten years of construction of international standards such as R&D innovation systems, quality assurance frameworks, and EHS systems, the company's relevant module capabilities have been steadily improved, forming effective international competitiveness. The company has been deeply involved in the supply chains of many leading global consumer goods companies for many years and will serve nine of the top ten global personal care manufacturers in 2024.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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