New Stock News | CNGR Advanced Material (300919.SZ) Hong Kong IPO prospectus invalid
Zhongwei Group (300919.SZ) submitted its Hong Kong IPO prospectus on April 22 for a period of 6 months, which expired on October 22. At the time of submission, Morgan Stanley and Huatai International served as its joint sponsors.
CNGR Advanced Material (300919.SZ) submitted its Hong Kong IPO prospectus on April 22nd, which will expire after 6 months on October 22nd. Morgan Stanley and Huatai International were its joint sponsors when submitting the application.
According to the prospectus, CNGR Advanced Material is an innovative new energy material company. Since 2020, the company has been a global leader in the shipment volume of nickel-based and cobalt-based lithium-ion battery cathode active material precursors (pCAM) for five consecutive years. In the first quarter of 2025, CNGR Advanced Material also became the world's top supplier of phosphate-based pCAM for the global export market.
The company focuses on the research and development, production, and sales of new energy battery materials and new energy metal products. Starting from the research and development of innovative new energy battery materials, it has established an integrated operation from upstream new energy metal mining, smelting and refining, to new energy material production and recycling.
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