IPO News | Xinzhoubang (300037.SZ) Hong Kong Stock IPO Filed by China Securities Regulatory Commission

The Zhitong Finance App learned that on November 13, the International Cooperation Department of the China Securities Regulatory Commission issued the “Notice on the Filing Notice Concerning the Overseas Issuance and Listing of Shenzhen Xinzhoubang Technology Co., Ltd.” Xinzhoubang (300037.SZ) plans to issue no more than 96,329,900 overseas listed common shares and list them on the Hong Kong Stock Exchange.

According to the prospectus, the company is a provider of electronic chemicals and functional materials headquartered in China. The company is mainly engaged in research and development, manufacturing and sales services for battery chemicals, organic fluorine chemicals and electronic information chemicals.

In the first three quarters of 2026, the company achieved revenue of 12.065 billion yuan, an increase of 82.35% over the previous year. Net profit attributable to shareholders of listed companies was 1,542 billion yuan, an increase of 106.19% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,542 billion yuan, an increase of 115.62% over the previous year.

According to Frost & Sullivan, the company's capacitor chemicals ranked first in the world in terms of revenue from 2020 to 2025. According to Frost & Sullivan, the company's semiconductor chemicals business has achieved stable batch supply to major IC manufacturers in the Chinese market. As far as the electronic information chemicals segment is concerned, the company ranked first among companies in China based on the market share of semiconductor coolants in the Chinese market in 2025.