On the first day of trading, Shenzhen Senior Technology Material (06067) made its debut on the market with a 38.42% opening gain in the morning session. For six consecutive years, its shipment volume of lithium-ion battery separators has ranked second globally.
Star Source Material (06067) made its debut on the stock market. According to the announcement, each share was priced at 8.98 Hong Kong dollars, with a total issuance of 149 million shares. The net proceeds amount to approximately 1.263 billion Hong Kong dollars. As of the time of writing, the stock has surged by 38.42% to 12.43 Hong Kong dollars, with a turnover of 181 million Hong Kong dollars.
Shenzhen Senior Technology Material (06067) made its debut on the stock market, with an announcement indicating that the price per share was set at 8.98 Hong Kong dollars, issuing a total of 149 million shares, with 500 shares per lot, raising a net amount of approximately 1.263 billion Hong Kong dollars. As of the time of writing, the stock price has risen by 38.42% to 12.43 Hong Kong dollars, with a trading volume of 1.81 billion Hong Kong dollars.
According to the prospectus, Shenzhen Senior Technology Material is a manufacturer of lithium-ion battery separators. The company was founded in 2003 and has accumulated over 20 years of industry experience in the research and development, production, and sales of lithium-ion battery separators. The company is one of the first and few enterprises in mainland China that possess the production technology capabilities of dry method, wet method, and coating method separators for lithium-ion batteries simultaneously.
According to data from Frost & Sullivan, the company has ranked second globally in lithium-ion battery separator shipments for the past six years, with its global market share increasing from 11.0% in 2020 to 11.6% in 2025. By 2025, the group is projected to have a market share of approximately 13.5%, ranking second in the battery separator market in mainland China. In terms of shipment volume, the company is expected to have a market share of approximately 21.5% in the global dry method battery separator market and 9.0% in the global wet method battery separator market in 2025, ranking first and fourth globally, respectively.
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