The China Securities Regulatory Commission has approved Huixin New Materials' application for an IPO on the ChiNext board.

On December 26th, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Shares by Guangzhou Huiher New Materials Technology Co., Ltd." It is reported that Huiher New Materials plans to go public on the Shenzhen Stock Exchange's Growth Enterprise Market, with CITIC SEC serving as its sponsor institution, aiming to raise 900 million yuan. According to the prospectus, Huiher New Materials is a company focused on the field of polymer materials, operating as a platform-type functional coating material enterprise driven by independent research and development. Its main product system covers two categories: functional resins and functional coating materials. The company is committed to becoming a global leader in functional material technology innovation. The company's main business includes research, production, and sales of functional resins and functional coating materials, with molecular structure design as its technological foundation. It focuses on the key technology research and industrial application of core functional resins, establishing two major technology platforms for functional resins and functional coating materials, and building core competitive barriers.