New Stock News | Baogai New Materials passed the hearing of the Hong Kong Stock Exchange and is one of the leading companies in the Chinese composite material trench cover industry.

According to the Zhitong Finance and Economics APP, on June 25th, the Hong Kong Stock Exchange disclosed that Shandong Baogai New Materials Technology Co., Ltd. (referred to as Baogai New Materials) has passed the listing hearing on the Hong Kong Stock Exchange GEM, with Zhongtai International as its exclusive sponsor. Baogai New Materials' achievements in the composite cable trench cover industry have been officially recognized by the China Composite Materials Industry Association. Since 2020, it has maintained the leading position in the market share of composite cable trench cover products for four consecutive years, consolidating its position as one of the leading enterprises in the Chinese composite cable trench cover industry.