Chengdu Huarong chemical IPO launch and signing ceremony held in Pengzhou

In order to implement the requirements of the central government, the provincial government and Chengdu Municipality on promoting the healthy development of private economy, and actively respond to the action plan of economic securitization, on December 31, 2019, the IPO launching and signing ceremony of Chengdu Huarong Chemical Co., Ltd. was held in Pengzhou City. Signing ceremony site. Huang Mian photographed Fu Yu, director of capital market department of Sichuan Financial Supervision Bureau, Luo Feng, deputy director of Chengdu Financial Supervision Bureau, Li Lin, director of Enterprise Service Department of economic and Information Bureau, Qiu Hong, deputy mayor of Pengzhou City, Li Jianxiong, executive vice president and chief operating officer of new hope group, and Shaojun, chairman of new hope chemical headquarters, attended the signing ceremony and delivered a speech. Zhang xiongzheng, deputy secretary of Pengzhou municipal Party committee and Shi Xiuling, deputy director of capital market department of Chengdu financial regulatory bureau witnessed the signing.

At the signing ceremony, Chengdu Huarong Chemical Co., Ltd. signed on-site contracts with Huatai United Securities, Zhonglun law firm and Huaxin accounting firm, marking the official opening of Chengdu Huarong chemical A-share listing guidance work. Chengdu Huarong Chemical Co., Ltd. is a wholly-owned subsidiary of new hope Chemical Investment Co., Ltd. with a registered capital of 336 million yuan. Its main products are high-quality potassium hydroxide, PVC resin, hydrochloric acid, liquid chlorine, sodium hypochlorite, etc. it is one of the first batch of high-quality potassium hydroxide production enterprises in China. It is reported that the company started preparations for listing at the end of 2018, and plans to complete listing application in the fourth quarter of 2020, and achieve listing in 2021. After listing, Huarong chemical will give full play to the demonstration effect of transformation and development of traditional enterprises, strive to achieve innovative breakthroughs in the production fields of specialized fine chemicals such as electronic chemicals and high-purity reagents, gradually upgrade Pengzhou industrial base to innovation research and development and industrial incubation base, drive the development of relevant industrial clusters such as electronic chemicals, high-end food additives, high-efficiency water treatment agents, and establish The benchmark of innovative listed enterprises in Sichuan Province.