China Securities Regulatory Commission approved the IPO registration of Oulai New Materials on the Shanghai Stock Exchange's Science and Technology Innovation Board.

On February 7th, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Guangdong Goworld Hi-Tech Materials Co., Ltd." Goworld plans to list on the Shanghai Stock Exchange's Science and Technology Innovation Board, with CICC acting as the underwriter, and intends to raise 577 million yuan. According to the prospectus, Goworld's main business is the research, production, and sales of high-performance sputtering target materials. Its main products include various sizes and types of copper, aluminum, molybdenum, and molybdenum alloy targets, as well as ITO targets. These products are widely used in the fields of semiconductor display, touch screens, architectural glass, decorative coating, integrated circuit packaging, new energy batteries, and CECEP Solar Energy cells, playing a key role in the industrial preparation of various thin films. The company's main representative customers include industry-leading manufacturers in the semiconductor display panel industry, such as BOE, Huaxing Optoelectronics, Huike, Chao Shi Jie, Rainbow Optoelectronics, Shenzhen SuperVision, and China Electronic Panda. It also serves well-known touch screen manufacturers like Guangdong Goworld, Shenzhen Laibao Hi-Tech, China Southern Glass, Wuhu Token Sciences, and TPK (Chenhong Technology). In addition, its clients include prominent architectural glass manufacturers like AGC (Asahi Glass), China Southern Glass, Pilkington, and Zhuzhou Kibing Group. Furthermore, the company continues to promote product research and development and technological upgrading, continuously expanding the range of product applications. It has now entered the supply systems of well-known semiconductor manufacturers such as ASE Group and SK Hynix in the field of integrated circuit packaging materials. It also supplies core materials for composite anode and cathode materials and coating equipment manufacturers in the field of new energy batteries, such as Shantou Wanshun New Material Group, Shenzhen Baoming Technology, and Tengsheng Technology. Moreover, its products are utilized in CECEP Solar Energy thin-film batteries developed by large new material developers like China National Building Material.