CoverTech Materials Reapplies for Listing on Hong Kong GEM Board

Stock News04-03

Shandong CoverTech New Material Technology Co., Ltd. has once again submitted an application to list on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange. Zhongtai International is acting as the sole sponsor for the offering. According to Frost & Sullivan data, the company ranked first in China's cable trench cover and GFRP cable trench cover sectors by market share in 2024, and third overall in the trench cover industry. Founded in 2009, the firm has become a specialized manufacturer of composite trench covers in China, primarily producing GFRP trench cover products designed for engineering and infrastructure applications.

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