CNGR Advanced Material (300919.SZ) updates its Hong Kong IPO application materials and has already passed the hearing at the Hong Kong Stock Exchange at the beginning of the month.

On October 24th, CNGR Advanced Material released a progress announcement on the issuance of H shares and listing. The company updated its application for this issuance and listing to the Hong Kong Stock Exchange on October 23, 2025, and the updated application materials were published on the Hong Kong Stock Exchange website on the same day. According to the announcement disclosed on the Giant Information Network on October 9th, titled "Announcement of CNGR Advanced Material Co., Ltd. on the Hong Kong Stock Exchange's Review of the Company's Issuance of H shares", the application for the issuance and listing of CNGR Advanced Material had undergone a hearing by the Listing Committee of the Hong Kong Stock Exchange on October 2, 2025. The IPO of CNGR Advanced Material's Hong Kong shares has successfully advanced to the later stages. CNGR Advanced Material is a leading domestic new energy material science company, with a diversified portfolio of new energy materials products and technological layout, including nickel-based (ultra-high nickel precursors, solid-state battery precursors, low-cobalt precursor for economic use, high-performance cost-effective medium-nickel high-voltage precursors), cobalt-based (cobalt tetraoxide with high voltage), phosphorus-based (iron phosphate precursors, lithium iron phosphate), and sodium-based (poly-anion sodium battery, layered oxide sodium battery) materials. Among these, the market shares of nickel-based and cobalt-based materials have ranked first globally for five consecutive years. The phosphorus-based materials business is growing rapidly and has entered the top tier of the industry. The sodium-based products have achieved bulk sales, and both technological pathways have been successfully put into mass production. Since publicly disclosing performance data from 2017 to 2024, CNGR Advanced Material has maintained continuous growth in business scale and operating income. During the industry boom, it achieved high-speed performance release, and during the industry adjustment period, it deepened strategic layout. Guided by the "new quadruple" strategy of "technological diversification, global development, digital operations, and industrial ecology", the company has gradually built an integrated closed-loop industrial model of "resource development-ore smelting-raw material refining-new energy material manufacturing-terminal recycling" and a deeply globalized industrial layout.