Recharge A-shares again! Jinyi New Materials initiates listing guidance, after a failed Sci-Tech Innovation Board IPO attempt

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Beijing Business Daily (Reporter Ma Huanchang, Li Jiaxue) recently reported that the China Securities Regulatory Commission’s official website shows that Suzhou Jinyi New Material Technology Co., Ltd. (hereinafter referred to as “Jinyi New Material”) has initiated listing guidance, with Guoxin Securities Co., Ltd. as the guidance institution.

According to the listing guidance filing report, Jinyi New Material was established on February 9, 2017, with a registered capital of approximately 167 million yuan. The legal representative is Chen Jinkui. Regarding equity structure, the company’s controlling shareholder is Guangzhou Jinzhu New Material Investment Co., Ltd., holding a 45.18% stake.

Jinyi New Material’s official website indicates that the company is dedicated to providing high-end inorganic non-metallic powder new material application solutions. It is a national high-tech enterprise integrating research and development, production, sales, and technical services.

It is worth noting that before this listing guidance, Jinyi New Material had previously attempted an IPO on the STAR Market. According to the Shanghai Stock Exchange’s official website, Jinyi New Material’s STAR Market IPO was accepted on December 30, 2022. However, the company voluntarily withdrew its listing application, and the Shanghai Stock Exchange decided to terminate the review in February 2025.

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