CSRC agrees to the initial public offering (IPO) registration application of Suzhou Tianmai.
On July 12th, the China Securities Regulatory Commission approved the first public offering of shares by Suzhou Tianmai Thermal Technology Co., Ltd. (referred to as Suzhou Tianmai) on the Shenzhen Stock Exchange.
On July 12th, the China Securities Regulatory Commission approved Suzhou Tianmai Thermal Conductivity Technology Co., Ltd. (referred to as Suzhou Tianmai) to go public on the Shenzhen Stock Exchange.
The prospectus shows that since its establishment, Suzhou Tianmai has always focused on the research and application of thermal conductivity and heat dissipation products, and is committed to becoming a leading provider of comprehensive solutions for thermal management in the industry. Its main products include heat pipes, thermally conductive plates, thermal interface materials, graphite films, etc., which are widely used in consumer electronics such as smartphones and laptops, as well as in security surveillance devices, automotive electronics, communication equipment, and other fields.
After years of accumulation in the heat dissipation field, Suzhou Tianmai has a large number of leading customers in downstream industries, including Samsung, Huawei, Honor, OPPO, vivo, Motorola, Hangzhou Hikvision Digital Technology, Zhejiang Dahua Technology, Contemporary Amperex Technology, Foxconn, Xiaomi, etc.
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