New stock news | Shenzhen Woer Heat-shrinkable Material (002130.SZ) Hong Kong IPO approved by the China Securities Regulatory Commission.

On December 9th, the International Cooperation Department of the China Securities Regulatory Commission issued a "Notice of Overseas Issuance and Listing Filing for Shenzhen Woer Heat-shrinkable Material Co., Ltd." Shenzhen Woer Heat-shrinkable Material (002130.SZ) plans to issue up to 160,987,000 shares of overseas listed common stock and list on the Hong Kong Stock Exchange. The prospectus shows that Shenzhen Woer Heat-shrinkable Material is a leading provider of high-speed data communication and alternative energy power transmission solutions, as well as a leader in the market for manufacturing and selling important components for high-speed data communication, such as high-speed copper cables. Their products enable high-speed connections between functional modules in data centers, accelerating data transmission efficiency within clusters while ensuring optimal energy consumption and solid reliability. They effectively promote the rapid deployment of high-quality infrastructure and drive the widespread application of large-scale models in various industries.