Polyurethane rubber company officially listed on the innovation layer of the new third board, aiming to impact the Beijing Stock Exchange

Latest News: At 9:30 a.m. on July 28, with the on-site opening bell rang in the lobby on the first floor of the National Equities Exchange and Quotations, Beijing Huateng New Materials Co., Ltd. (stock abbreviation “” Huateng New Materials”, stock code “873721”) was officially listed on the innovation layer of the New Third Board. Huateng New Materials has also become the first company under the Beijing Chemical Group, a municipal state-owned enterprise, to enter the capital market.

Huateng New Materials was established on February 22, 2005. It is a high-tech enterprise specializing in the research and development, production and sales of polyurethane adhesives and other bonding materials on the basis of Beijing Chemical Industry Research Institute. One of the earliest companies to enter the polyurethane adhesive industry. At present, the company’s products are mainly used in the flexible packaging manufacturing process of food, medicine, daily chemical and other industries. After more than ten years of accumulation and development, a full series of hundreds of models has been formed. In 2022, the company will be recognized as a “specialized, refined and new” small and medium-sized enterprise in Beijing.

Image source: Beijing Chemical Industry Group

As the only state-owned holding company in the industry, in order to promote the development of food safety and hygiene in the industry, Huateng New Materials took the lead in establishing a public service platform for the safety traceability technology of food packaging materials with independent intellectual property rights as early as 2010. In order to ensure the industrialization of packaging materials Compliance with food safety regulations and standards in all aspects plays a leading role. The company has taken the lead in formulating a number of national recommended standards, industry recommended standards and group standards.

This successful listing on the New Third Board, Huateng New Materials will continue to enrich product varieties, expand application fields, focus on expanding and extending polyurethane fine chemicals, and deeply cultivate the upstream and downstream of polyurethane materials. At the same time, it strictly follows the rules of the New Third Board to regulate governance, seek opportunities for investment cooperation, mergers and acquisitions, etc. through the capital market platform, use capital operation methods to achieve extensional growth, actively implement the strategy of integrating industry and finance, and actively use the capital market to become bigger and stronger.

At the listing ceremony, Meng Tao, a first-level inspector of the Beijing Municipal SASAC, said that in recent years, the Municipal SASAC has taken the listing of enterprises as the main realization form of the mixed ownership reform of municipal enterprises, and fully supports the listing of municipal enterprises on the Beijing Stock Exchange and the New Third Board. listed. Huateng New Materials is a “specialized, refined and new” and high-tech enterprise in Beijing under Beijing Chemical Group. The company has a number of independent intellectual property rights and has continued to innovate over the years. The IPO of the Beijing Stock Exchange lays the foundation for making it stronger, better and bigger by using the multi-level capital market.

Actively promote the development model of the integration of industry and finance, and promote the development of entities through capital operation. Wang Guohua, Secretary of the Party Committee and Chairman of Beijing Chemical Industry Group, said that accelerating the pace of listing of enterprises, further promoting the injection of high-quality assets into the industrial chain, and improving the level of state-owned capital securitization of the Group are the clear strategic directions of Beijing Chemical Industry Group’s “14th Five-Year Plan”. The listing of Huateng New Materials is a phased achievement achieved by adhering to the strategic direction of listing.