Belite Chemical plans to list on the main board of Shenzhen Stock Market

  On September 11, Belite updated its prospectus (declaration draft), and the company intends to be listed on the main board of the Shenzhen Stock Market, raising about 769 million yuan.

According to the prospectus, Belite was established in December 2003 and is a company mainly engaged in the research and development, production and sales of Cyanamide products. The company's related products are widely used in pesticide, medicine, paint, fertilizer, electronics, textile printing and dyeing and other fields, and have a high degree of macroeconomic correlation.

Belite Chemical said that the company is currently the domestic Cyanamide industry in the product is relatively rich, long industrial chain manufacturers. According to the statistics of Shizuishan City Industry and Information Bureau of Ningxia Hui Autonomous Region, according to the total output during the reporting period, the production of Imidazolidine, Oxadiazine and Guanidine nitrate of the company's Cyanamide fine chemical products ranked first in China.　

From 2020 to 2022, the company's sales area is mainly domestic sales, and it has established stable cooperative relations with major domestic manufacturers. At the same time, some of the company's products have been sold to other parts of Asia, North America, Europe, South America and other overseas regions.

 In each reporting period, the Company's operating income was ¥65,788,400, ¥988,712,400 and ¥114,488,700, and the net profit was ¥26,753,500, ¥66,013,300 and 136,484,800 yuan, respectively, and the operating performance increased steadily. Among them, the main business income accounted for 97.27%, 97.59% and 98.09% of operating income, respectively, and the main business was outstanding.