The China Securities Regulatory Commission agrees to Jardine Matheson's application for an IPO listing on the Shanghai Stock Exchange main board.

On April 3rd, the China Securities Regulatory Commission issued the "Approval of Quanzhou Jiadeli Electronic Materials Co., Ltd.'s Initial Public Offering of Stocks". It is reported that Jiadeli plans to be listed on the main board of the Shanghai Stock Exchange, with GF SEC as the sponsoring institution, aiming to raise 725 million yuan. According to the prospectus, Jiadeli is a national-level specialized and innovative "small giant" enterprise and a high-tech enterprise specializing in the research, production, and sales of BOPP electrical film. They have been deeply involved in the BOPP electrical film field for over 20 years, with a rich and highly competitive product portfolio. According to statistics from the China Electronic Component Industry Association, in 2024 the company's sales of polypropylene film for capacitors ranks second globally and first domestically, with market shares of 11.7% and 16.4% respectively in the global and domestic markets.