New Stock News | Jianbang High-tech Hong Kong Stock IPO Prospectus Invalid

Jianbang Gaoke Limited (referred to as Jianbang Gaokao) submitted its Hong Kong stock prospectus on May 2 for a period of 6 months, which expired on November 2, with China Securities Co., Ltd. International as the exclusive sponsor at the time of submission. The prospectus shows that Jianbang Gaokao is a pioneer and leader in the research, development, production and sales of silver powders in China. The company's silver powder products are mainly used in the production of photovoltaic silver paste (a key raw material for the production of photovoltaic cells). During the reporting period, one of the company's main strengths was its ability to produce high-end silver powders, which are ultimately used in the production of advanced photovoltaic cells or their components, including the front grids of PERC cells and TOPCon cells, as well as the conductive grid of HJT cells and xBC cells. According to data from Frost & Sullivan, based on sales of photovoltaic silver powder in China, during the reporting period, the company ranked first among all domestic manufacturers and second among all global manufacturers, with a market share of 9.9%.