New stock news | Ronglian Regeneration Technology's Hong Kong IPO prospectus expires.

Ronglian Recycling Technology International Limited (referred to as Ronglian Recycling Technology) submitted a Hong Kong stock prospectus on August 25, 2025, which expired after 6 months on February 25, 2026, with China Thai International Financing Limited as its sole sponsor at the time of submission. According to the previous prospectus, Ronglian Recycling Technology was established in March 2017 and is a Chinese manufacturer of recycled acrylic products, mainly engaged in the research and production of recycled acrylic materials. The company provides customers with recycled MMA and PMMA sheets and is committed to promoting the use of renewable resources to drive the development of the circular economy. According to Frost & Sullivan data, as of the year ended December 31, 2024, based on revenue from recycled MMA and PMMA sheet materials, the company ranked first in China. In the final quarter of the 2024 fiscal year, Ronglian Recycling Technology's third PMMA sheet production line has entered the trial production and testing phase, and is expected to reach expected operational status in the fourth quarter of 2025 and begin official production. The company expects that expanding production capacity will further improve operational efficiency and the ability to consistently deliver high-quality products, ensuring the company can promptly meet customer demands.