Six companies including Yike Gas and Langao Technology have received inquiries on their application for the ChiNext IPO.
The official website of the Shenzhen Stock Exchange shows that a total of six companies, including Yike Gas, Langao Technology, Weiheng Stock, Jinchuan Ruixiang, Nide Stock, and Lianbo Stock, have applied for the change of the status of their listing review on the Shenzhen Stock Exchange's Growth Enterprise Market to "under inquiry".
The Shenzhen Stock Exchange official website shows that a total of 6 companies, including Yike Gas, Langao Technology, Weiheng Stock, Jinchuan Ruixiang, Nede Stock, and Lianbo Stock, have applied for the change in the status of the Shenzhen Stock Exchange GEM listing review to "inquiry received."
Yike Gas has Huatai United as its sponsor and plans to raise 650 million yuan. The prospectus shows that Yike Gas is a high-tech enterprise focusing on the research, development, production, and sales of electronic material products, as well as providing related application services. Its products and services are widely used in the semiconductor and non-semiconductor fields such as integrated circuits and photovoltaic new energy. Yike Gas can provide one-stop services from product supply to the design, construction, operation, and maintenance of supporting delivery systems, satisfying customers' practical needs and creating differentiated competitive advantages.
Langao Technology has Huatai United as its sponsor and plans to raise 987.96 million yuan. The prospectus shows that Langao Technology is mainly engaged in the research, development, production, sales, and services of high-performance permanent magnet synchronous motors. Its products have the characteristics of high efficiency, high power/torque density, high reliability, low noise, and wide environmental adaptability. They are widely used in applications such as new energy commercial vehicles, new energy non-road mobile machinery, wind power generation, industrial high-efficiency energy saving, and automated control fields. Langao Technology has become a leading player in China's high-performance permanent magnet synchronous motor industry. According to Frost & Sullivan's statistics, the market share of Langao Technology in the Shanxi Guoxin Energy Corporation mine truck drive motor field is over 70%, ranking first in the industry; in the Shanxi Guoxin Energy Corporation heavy truck drive motor field, its market share is about 28%, ranking second in the industry.
Weiheng Stock has EB Securities as its sponsor and plans to raise 664.51 million yuan. The prospectus shows that Weiheng Stock is a leading domestic provider of new energy high-voltage busbars and electrical connection solutions. Its main business is the design, research, development, production, and sales of electrical connection products such as busbars used in power systems for current collection, distribution, and transmission, as well as precision structural components. The company's product range is diverse and of stable quality, widely used in areas such as new energy vehicles (including battery packs, motors, and electronic control systems), energy storage, and charging piles.
Jinchuan Ruixiang has Guotai Haitong as its sponsor and plans to raise 3.78 billion yuan. The prospectus shows that Jinchuan Ruixiang is committed to becoming an innovative, globally leading provider of new energy material solutions. The company has been focusing on lithium battery cathode material research for 20 years, establishing a full category product matrix. Its nickel-cobalt-manganese high-voltage product is an industry benchmark, with a market share of over 50% in this field in China. Jinchuan Ruixiang has become the largest supplier of nickel-cobalt-manganese cathode materials globally. The company has also entered the lithium iron phosphate business as a new growth curve and rapidly increased shipping volume relying on high-quality industry customers. Additionally, Jinchuan Ruixiang has expanded into lithium manganese, lithium manganese iron phosphate, sodium battery positive electrodes, solid-state battery materials, covering a full technological route, widely used in power batteries, energy storage batteries, consumer batteries, and other fields.
Nede Stock has Changjiang Securities as its sponsor and plans to raise 1.2853 billion yuan. The prospectus shows that Nede Stock is a leading comprehensive clean energy industry chain utilizing integrated solutions provider in China. It focuses on the core technology and key equipment research and development in natural gas and hydrogen energy fields, providing integrated solutions for clean energy production, storage, transportation, blending, and utilization. The company is mainly engaged in the research, development, production, and sales of natural gas and hydrogen refueling equipment, natural gas liquefaction units, and is dedicated to "empowering global energy transition with clean energy solutions."
Lianbo Stock has Sinolink as its sponsor and plans to raise 1.1 billion yuan. The prospectus shows that Lianbo Stock is a high-tech enterprise specialized in the research, development, production, and sales of precision high-speed stamping products such as fixed rotor cores for new energy vehicle drive motors, automotive EPS motor fixed rotor cores, and automotive micro-special motor fixed rotor cores. The company has long been focused on the precision stamping field, quickly entering the new energy vehicle drive motor field with profound technological accumulation and high-quality customer resources. During the reporting period, Lianbo Stock's sales of fixed rotor cores for new energy drive motors saw quick growth, ranking among the top players in the field of fixed rotor cores for drive motors in the Shanxi Guoxin Energy Corporation, becoming one of the core manufacturers in this segment.
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