New stock information | Jiangsu Xinquan Automotive Trim (603179.SH) submits application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on January 27th, Jiangsu Xinquan Automotive Trim Co., Ltd. (603179.SH) submitted an application for listing on the Main Board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. The prospectus shows that since its establishment in 2001, Jiangsu Xinquan Automotive Trim has always focused on meeting customers' needs for automotive trim system solutions. By widely applying new materials, new technologies, and manufacturing processes, the company continues to improve product performance and service quality. According to data from Frost & Sullivan, based on the revenue of mid-to-high-end vehicle interior trim system solutions in 2024 and based on the revenue of all-category vehicle interior trim system solutions in 2024, the company ranks as the second largest automotive trim system solution provider in China with market shares of 8.3% and 7.8% respectively.