New Stock News | Guangzhou Tinci Materials Technology (002709.SZ) passes HKEX hearing, business spans lithium batteries and daily chemicals, with in eVTOL and AI thermal management, among others

According to the disclosure by the Hong Kong Stock Exchange on October 5, Guangzhou Tinci Materials Technology Co., Ltd. (referred to as: Guangzhou Tinci Materials Technology (002709.SZ)) has passed the listing hearing for the Main Board of the Hong Kong Stock Exchange, with JPMorgan, CITIC SEC, and GF SEC as joint sponsors. The prospectus shows that Guangzhou Tinci Materials Technology is a globally leading new energy and advanced materials company driven by technological innovation, mainly focusing on providing comprehensive solutions for lithium-ion battery materials, daily chemical materials, and specialty chemicals to global corporate customers. The company is a leader in the global lithium-ion battery electrolyte field, standing out through vertical integration capabilities and innovative technologies, integrating the production of the complete value chain of key electrolyte raw materials, including LiPF6, LiFSI, additives, and lithium carbonate. Leveraging the company's R&D platform and engineering advantages, as well as cross-selling capabilities based on long-term customer cooperation, the company has successfully expanded its business into cathode materials (including iron phosphate and lithium iron phosphate) and adhesives for lithium batteries (including PACK structural adhesives and binders), forming comprehensive solutions for lithium-ion battery materials, and has laid out advanced materials that will be widely applied in emerging fields such as intelligent driving, eVTOL, semiconductors, cutting-edge engineering, and AI thermal management. The company's next-generation products include solid-state electrolytes, specialty adhesives and sealants for automotive electronics and semiconductors, high-performance polymers (mainly including PEEK and PI), high-efficiency coolants, and flame-retardant materials, among others. The company's business is mainly divided into two major segments: the lithium-ion battery materials business and the daily chemical materials and specialty chemicals business, of which: Lithium-ion battery materials business: mainly including electrolytes and their core materials, iron phosphate, lithium iron phosphate, PACK structural adhesives, and binders. Lithium batteries are widely used in electric vehicles, energy storage systems, and consumer electronics, and are gradually expanding into numerous emerging fields such as construction machinery, ships, eVTOL, and other intelligent applications. In recent years, the company has strategically laid out a lithium battery recycling and regeneration business, focusing on the recycling and regeneration of retired and waste lithium batteries and the recycling and regeneration of lithium-ion battery materials in the production process, aiming to increase the stable supply of low-carbon, low-energy-consumption, and low-cost raw materials, achieve an integrated value chain layout, and simultaneously cultivate new profit growth points. Daily chemical materials and specialty chemicals business: mainly including daily chemical materials such as carbomer, surfactants (including amino acid and amphoteric surfactants), silicone oils, and cationic conditioning agents, as well as specialty chemicals such as organic silicon, rubber additive materials, and other advanced materials. Among them, daily chemical materials are widely used in personal care and home care fields such as shampoos, body washes, laundry detergents, and disinfection and sterilization products, while specialty chemicals are mainly used in various industrial, construction, and agricultural fields. Relying on its R&D expertise in the daily chemical materials field, advantages in raw materials and advanced production processes, and a solid customer network, the company has achieved expansion and extension into the flavors and fragrances field. In terms of financials, for the years 2023, 2024, 2025, and the six months ended June 30, 2026, the company achieved revenues of approximately RMB 15.405 billion, RMB 12.518 billion, RMB 16.650 billion, and RMB 14.710 billion, respectively; during the same periods, the company recorded profits of approximately RMB 1.842 billion, RMB 478 million, RMB 1.344 billion, and RMB 2.847 billion, respectively.