CSRC Approves Huigu New Materials' ChiNext IPO Registration

Stock News2025-12-26

On December 26, the China Securities Regulatory Commission (CSRC) issued the "Approval Reply on Agreeing to the Initial Public Offering of Shares by Guangzhou Huigu New Materials Technology Co., Ltd." Huigu New Materials intends to list on the Shenzhen Stock Exchange's ChiNext board, with CITIC Securities acting as its sponsor, and plans to raise 900 million yuan.

According to the prospectus, Huigu New Materials is a platform-based functional coating materials enterprise focused on the polymer materials field and driven by independent research and development. Its main product systems cover two major categories: functional resins and functional coating materials. The company is committed to becoming a globally leading innovator in functional materials technology.

The company's primary business involves the research and development, production, and sales of functional resins and functional coating materials. Starting from molecular structure design as the technological origin, it deeply cultivates the key technology R&D and industrial application of core functional resins. The company has established two major technology platforms for functional resins and functional coating materials, building up its core competitive barriers.

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