SHOUGANG LANZA Debuts on Hong Kong Exchange, Shares Surge Over 90% on First Day

Stock News09:40

Shares of SHOUGANG LANZA (HKEX: 02553) commenced trading today on the Hong Kong Stock Exchange.

The company's initial public offering was priced at HK$14.6 per share, with a total of 40 million shares issued, representing 2,000 board lots of 200 shares each.

The net proceeds from the offering are approximately HK$486 million.

In early trading, the stock price surged 91.78% to reach HK$28, with a trading turnover of HK$395 million.

Key Business and Market Position

The company specializes in the resource utilization of industrial waste gases, converting exhaust gases from industries like steel and ferroalloys into products such as ethanol and microbial protein through biological fermentation.

It is recognized as the first company globally to achieve large-scale commercial implementation of this technological pathway.

The company has progressed from first-generation carbon reduction to second-generation carbon-negative technologies.

Future Development Plans

In the Sustainable Aviation Fuel (SAF) sector, the company holds a forward-looking position and plans to commission China's first 50,000-ton demonstration project by 2027.

Leveraging the state-owned background of its parent, Shougang Group, and holding the nation's first license for synthesizing feed protein from industrial waste gases, the company possesses a distinct cost advantage and competitive barriers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1172763468?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 09:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172763468","market":"hk","top_or_hot":-1,"title":"SHOUGANG LANZA Debuts on Hong Kong Exchange, Shares Surge Over 90% on First Day","media":"Stock News","content":"<p>Shares of SHOUGANG LANZA (HKEX: 02553) commenced trading today on the Hong Kong Stock Exchange.<br><br>The company's initial public offering was priced at HK$14.6 per share, with a total of 40 million shares issued, representing 2,000 board lots of 200 shares each.<br><br>The net proceeds from the offering are approximately HK$486 million.<br><br>In early trading, the stock price surged 91.78% to reach HK$28, with a trading turnover of HK$395 million.<br><br><b>Key Business and Market Position</b><br><br>The company specializes in the resource utilization of industrial waste gases, converting exhaust gases from industries like steel and ferroalloys into products such as ethanol and microbial protein through biological fermentation.<br><br>It is recognized as the first company globally to achieve large-scale commercial implementation of this technological pathway.<br><br>The company has progressed from first-generation carbon reduction to second-generation carbon-negative technologies.<br><br><b>Future Development Plans</b><br><br>In the Sustainable Aviation Fuel (SAF) sector, the company holds a forward-looking position and plans to commission China's first 50,000-ton demonstration project by 2027.<br><br>Leveraging the state-owned background of its parent, Shougang Group, and holding the nation's first license for synthesizing feed protein from industrial waste gases, the company possesses a distinct cost advantage and competitive barriers.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SHOUGANG LANZA Debuts on Hong Kong Exchange, Shares Surge Over 90% on First Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSHOUGANG LANZA Debuts on Hong Kong Exchange, Shares Surge Over 90% on First Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-06-03 09:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of SHOUGANG LANZA (HKEX: 02553) commenced trading today on the Hong Kong Stock Exchange.<br><br>The company's initial public offering was priced at HK$14.6 per share, with a total of 40 million shares issued, representing 2,000 board lots of 200 shares each.<br><br>The net proceeds from the offering are approximately HK$486 million.<br><br>In early trading, the stock price surged 91.78% to reach HK$28, with a trading turnover of HK$395 million.<br><br><b>Key Business and Market Position</b><br><br>The company specializes in the resource utilization of industrial waste gases, converting exhaust gases from industries like steel and ferroalloys into products such as ethanol and microbial protein through biological fermentation.<br><br>It is recognized as the first company globally to achieve large-scale commercial implementation of this technological pathway.<br><br>The company has progressed from first-generation carbon reduction to second-generation carbon-negative technologies.<br><br><b>Future Development Plans</b><br><br>In the Sustainable Aviation Fuel (SAF) sector, the company holds a forward-looking position and plans to commission China's first 50,000-ton demonstration project by 2027.<br><br>Leveraging the state-owned background of its parent, Shougang Group, and holding the nation's first license for synthesizing feed protein from industrial waste gases, the company possesses a distinct cost advantage and competitive barriers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02553","symbol_name":"首钢朗泽","start_time":0,"source_url":"","article_id":"1172763468","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172763468","pubTimestamp":1780450822,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shares of SHOUGANG LANZA (HKEX: 02553) commenced trading today on the Hong Kong Stock Exchange.The company's initial public offering was priced at HK$14.6 per share, with a total of 40 million shares...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02553":"首钢朗泽","IPOS":"Renaissance International IPO ETF"},"translate_title":"首钢兰扎登陆港交所首日股价暴涨超90%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02553":1,"IPOS":1},"content_text":"Shares of SHOUGANG LANZA (HKEX: 02553) commenced trading today on the Hong Kong Stock Exchange.The company's initial public offering was priced at HK$14.6 per share, with a total of 40 million shares issued, representing 2,000 board lots of 200 shares each.The net proceeds from the offering are approximately HK$486 million.In early trading, the stock price surged 91.78% to reach HK$28, with a trading turnover of HK$395 million.Key Business and Market PositionThe company specializes in the resource utilization of industrial waste gases, converting exhaust gases from industries like steel and ferroalloys into products such as ethanol and microbial protein through biological fermentation.It is recognized as the first company globally to achieve large-scale commercial implementation of this technological pathway.The company has progressed from first-generation carbon reduction to second-generation carbon-negative technologies.Future Development PlansIn the Sustainable Aviation Fuel (SAF) sector, the company holds a forward-looking position and plans to commission China's first 50,000-ton demonstration project by 2027.Leveraging the state-owned background of its parent, Shougang Group, and holding the nation's first license for synthesizing feed protein from industrial waste gases, the company possesses a distinct cost advantage and competitive barriers.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1172763468","isCrawlerRequest":true}