Texxon Holding Limited Shares Surge Over 68% in Pre-Market Trading

Stock News03-03 22:10

On Tuesday, shares of Texxon Holding Limited (NPT.US) surged more than 68% in pre-market trading, reaching $9.53. The company specializes in providing integrated supply chain solutions—including procurement, warehousing, logistics, and settlement services—to small and medium-sized enterprises in the plastics and chemical industries. Texxon launched the Zheshu Warehouse Receipt Trading Platform in 2004, which remains the only medium-to-long-term warehouse receipt trading platform in China. It was also the first e-commerce model in the plastics and chemical sector to introduce futures concepts to mitigate operational risks. The company's services cover the entire Chinese market, with over 13,000 registered members currently on its platform.

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