CSRC agrees to Superpure's application for IPO registration on the ChiNext board.

On May 22nd, the China Securities Regulatory Commission issued the approval for the initial public offering of shares of Chengdu Superpurity Advanced Materials Co., Ltd. It is reported that Superpurity plans to list on the ChiNext board of the Shenzhen Stock Exchange, with Huatai United Securities as its sponsor institution, and plans to raise 1.12468 billion yuan. According to the prospectus, the company is a national-level key "little giant" enterprise specializing in special coating technology and related materials, focusing on chip manufacturing, precision optics, and providing precision parts products and services after material modification, precision surface processing, precision cleaning, and special coating processes. The company's main products cover core components of equipment in the areas of wafer manufacturing, packaging, and silicon wafer manufacturing, and have outstanding technological advantages in the fields of etching, lithography, quality inspection, annealing, and thin film deposition equipment. The company is one of the few suppliers of core components for semiconductor etching equipment with a process of 5nm or below in China. According to Frost & Sullivan data, in 2024, the company ranked first in the market share of local companies specializing in special coating components for semiconductor equipment, with a market share of 5.7% in mainland China.