Zhuzhou Kenuo and Micronanospace have submitted their applications for an IPO on the Shanghai Stock Exchange.

On May 11th, according to the Shanghai Stock Exchange, Zhuzhou Keneng New Materials Co., Ltd. (Zhuzhou Keneng) and Beijing Micronano Star Sky Technology Co., Ltd. (Micro Nano Star Sky) have submitted applications for listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The prospectus shows that Zhuzhou Keneng's main business is the research and development, production of compound semiconductors, as well as core key basic materials required for the synthesis of ITO, IGZO, and other target materials. The company's main products include high-purity gallium, high-purity indium, refined indium, indium oxide, gallium oxide, bismuth, bismuth oxide, etc., mainly used in compound semiconductors such as indium phosphide, indium antimonide, gallium arsenide, gallium nitride, gallium oxide, tellurium zinc cadmium, and the synthesis of target materials such as ITO and IGZO, as well as alloys, fine chemicals, and other high-end manufacturing fields, ultimately widely applied in scenes such as 5G/6G and high-speed optical communication, next-generation displays, artificial intelligence (including computing power infrastructure, intelligent terminals, etc.), intelligent connected new energy vehicles, aerospace, high-end electronic devices, etc. Micronano Star Sky is a comprehensive commercial aerospace enterprise in China that has been engaged in the research, development, manufacturing, sales of high-performance, highly reliable, and intelligent commercial satellites, as well as providing "one-stop" integrated delivery services for satellite-ground integration. The company has launched a total of 32 satellites. The types of satellites developed, under development, and in research by the company cover communication satellites such as low-orbit broadband internet communication, Internet of Things communication, remote sensing satellites for optical imaging, SAR imaging, meteorological detection, electromagnetic spectrum monitoring, navigation enhancement satellites, and scientific experimental satellites for various purposes. It is one of the few commercial satellite manufacturing enterprises in China with the ability to develop and preliminary mass produce low-orbit remote sensing, communication, and navigation enhancement satellites.