New Stock News | Dongsheng Industry Submits Application to Hong Kong Stock Exchange

According to the Financial Channel APP, it was disclosed by the Hong Kong Stock Exchange on May 12 that Hubei Dongsheng Industrial Co., Ltd. (referred to as Dongsheng Industrial) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with GF Securities as its exclusive sponsor. The prospectus shows that Dongsheng Industrial is a company with a comprehensive business model based on the hierarchical utilization of phosphorus resources throughout its life cycle. According to Frost & Sullivan's data, the company's domestic sales volume of industrial-grade monoammonium phosphate ("MAP") in 2025 ranks eighth in the same industry in China, and the domestic sales volume of diammonium phosphate ("DAP") in 2025 also ranks eighth in China. The company's vertically integrated business covers the entire industry chain, including phosphate mining, ore dressing, sulfuric acid preparation, phosphoric acid production, phosphate ammonium product manufacturing, and green recycling of phosphogypsum.