Changhua Chemical will be listed on the GEM of the Shenzhen Stock Exchange after the IPO meeting
Latest News: On September 27th, Changhua Chemical Technology Co., Ltd. (hereinafter referred to as “Changhua Chemical” or the company) was approved by the Shenzhen Stock Exchange for its IPO, and the company will be listed on the GEM of the Shenzhen Stock Exchange.
It is reported that the number of shares issued by Changhua Chemical this time does not exceed 35.05 million shares, accounting for no less than 25% of the company’s total share capital after the issuance. The company has a total of 300,595,000 yuan, which is mainly used for information system construction, R&D center projects, marketing network construction, replenishment of working capital and repayment of bank loans.
According to public information, Changhua Chemical is a professional large-scale production enterprise of polyether series products in China. Its main business is the research and development, production and sales of polyether products. The company’s products include polyether for flexible foam, polyether for CASE and special polyether, among which polyether for flexible foam is the company’s main product, including POP and PPG products for flexible foam.