New stock news | English First Energy second filing with Hong Kong Stock Exchange
According to the Hong Kong Stock Exchange disclosed on March 19th, Sichuan Yingfa Ruineng Technology Co., Ltd. (referred to as Yingfa Ruineng) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities International and Huatai International as its joint sponsors.
According to the disclosure from the Hong Kong Stock Exchange on March 19, Sichuan Yingfa Fujian Raynen Technology Co., Ltd. (referred to as Yingfa Raynen) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with China Securities Co., Ltd. International and Huatai International as its joint sponsors. This is the company's second submission to the Hong Kong Stock Exchange. According to Frost & Sullivan, based on its shipment volume in 2024, the company is the world's third-largest specialized manufacturer of N-type TOPCon solar cell wafers, with a market share of 13.5%.
According to the prospectus, the company is a leading professional manufacturer of photovoltaic cell wafers. The company focuses on customer demands and its products cover P-type and N-type cell wafers sold in the market. Additionally, building on its position in N-type TOPCon cell wafers, the company is also developing N-type xBC cell wafer technology.
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