On the first day of trading, Shenzhen Woer Heat-shrinkable Material (09981) debuted and opened 0.05% higher in the morning session. The company is ranked fifth among global communication cable manufacturers.

date
09:25 13/02/2026
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GMT Eight
Wol Specialty Material (09981) made its debut on the stock market, the announcement shows that the price per share is HK$20.09, with a total of 140 million shares issued, 200 shares per lot, and a net proceeds of approximately HK$2.734 billion. As of the time of writing, the stock has increased by 0.05% to HK$20.1, with a trading volume of HK$166 million.
Shenzhen Woer Heat-shrinkable Material (09981) made its debut on the market, with an announcement showing that each share was priced at 20.09 Hong Kong dollars, with a total of 140 million shares issued, and each lot consisting of 200 shares, resulting in a net amount of approximately 2.734 billion Hong Kong dollars. As of the time of this report, the price rose by 0.05% to 20.1 Hong Kong dollars, with a trading volume of 166 million Hong Kong dollars. Public information shows that Shenzhen Woer Heat-shrinkable Material is one of the world's largest providers of heat shrink materials and communication cable products. According to data from Frost & Sullivan, based on global revenue projections for 2024, the company ranks fifth among communication cable manufacturers, with a global market share of 12.7%. The company ranks first in the global heat-shrink material industry, with a market share of 20.6% based on projected global revenue for 2024. In the global new energy vehicle power transmission product industry, the company ranks ninth in terms of global revenue projections for 2024, with a market share of 1.9%. In the global cable accessories industry, the company ranks seventh in terms of global revenue projections for 2024, with a market share of 2.5%. It is worth noting that on February 13, the Shenzhen Stock Exchange issued an announcement stating that Shenzhen Woer Heat-shrinkable Material is not subject to a price stabilization period mechanism on the Hong Kong Stock Exchange, and after being listed on the A-share market for a full 10 trading days, in accordance with the relevant provisions of the "Shenzhen Stock Exchange Shenzhen-Hong Kong Stock Connect Business Implementation Measures," the Hong Kong stock connect securities list has been adjusted, with Shenzhen Woer Heat-shrinkable Material being added, and this adjustment will take effect from February 13, 2026.