New stock news | Shida Shinghwa Advanced Material Group (603026.SH) to submit application to Hong Kong Stock Exchange
According to the disclosure by the Hong Kong Stock Exchange on April 1st, Shida Shenghua New Materials Group Co., Ltd. (referred to as "Shida Shenghua", 603026.SH) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Limited as its exclusive sponsor.
According to the disclosure by the Hong Kong Stock Exchange on April 1, Shida Shinghwa Advanced Material Group Limited (referred to as Shida Shinghwa Advanced Material Group, 603026.SH) has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with CICC as its sole sponsor. According to Frost & Sullivan, since 2020, the company has been ranked first in the global electrolyte solvent market for six consecutive years, with a market share of 22.2% in 2025.
According to the prospectus, the company is a comprehensive supplier of lithium-ion battery materials and has established a leading position in the field of electrolyte solvents. With continuous investment in the new energy sector, the company has built a complete industry chain layout covering electrolyte solvents, lithium hexafluorophosphate (LiPF6), electrolyte additives, electrolytes, and other high-end new materials.
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