Shida Shenghua Advanced Material Group Co., Ltd. (Shida Shenghua, 603026.SH) has submitted a listing application to the main board of the Hong Kong Stock Exchange. China International Capital Corporation (CICC) is acting as the sole sponsor for the offering. According to data from Frost & Sullivan, the company has ranked first globally in shipment volume for the electrolyte solvent market for six consecutive years since 2020, achieving a 22.2% global market share by shipment volume in 2025. The prospectus indicates that the company is an integrated supplier of lithium-ion battery-related materials and has established a leading position in the electrolyte solvent segment. Through continued investment in the new energy sector, the company has built a comprehensive industrial chain layout covering electrolyte solvents, lithium hexafluorophosphate (LiPF6), electrolyte additives, electrolytes, and other high-end new materials.

