Shenglong Corporation's IPO on the Shenzhen Stock Exchange main board has been accepted. The molybdenum metal production in 2024 accounts for 9.64% of the national total.

According to the Securities Times APP, on May 21, Luoyang Shenglong Mining Group Co., Ltd. (referred to as Shenglong Co., Ltd.)'s application for an IPO on the Shenzhen Stock Exchange main board has been accepted. Guotou Securities is its sponsor institution, and it plans to raise 1.53 billion yuan.