Re-launch the IPO! Hengxing Technology will be listed on the Shanghai Stock Exchange on June 8

On June 8, Jiangsu Hengxing New Material Technology Co., LTD. (hereinafter referred to as Hengxing Technology) will "welcome the test" on the Shanghai Stock Exchange.

Hengxing Technology belongs to the fine chemical industry, specializing in the development and production of organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides and other products, and has a high reputation and influence in the industry. Products are mainly used in high efficiency, low toxicity, environmental friendly pesticides, lithium battery electrolyte, flavor and fragrance, environmental protection coatings, medicine and other fields. At present, the Group has two R&D centers and four production bases in Yixing, Lianyungang, Shandong (under construction) and Ningxia (under construction). It has more than 130 varieties.

Hengxing Technology had previously entered the GEM under the "guarantee" of Dongwu Securities and intended to raise 1 billion yuan, but it was accepted on December 21, 2020, and withdrew its application on February 9, 2021. According to public information, Hengxing Technology has been selected for on-site inspection on January 31, 2021 before withdrawal. Now Hengxing technology has changed its sponsor and re-launched its IPO, this time targeting the main board of the Shanghai stock market.