Jiuhua New Materials initiates IPO counseling.

On June 3, 2026, the China Securities Regulatory Commission website disclosed that Anhui Jiuhua New Materials Co., Ltd. had completed counseling and filing registration at the Anhui Securities Regulatory Bureau, intending to publicly issue its shares for the first time and go public. The counseling securities firm is Huatai United Securities. The counseling filing report shows that the controlling shareholder of Jiuhua New Materials is Tongling Nonferrous Metals Group Holding Co., Ltd., directly holding 84.3750% of the shares, and indirectly holding 13.0208% of the shares through its wholly-owned subsidiary Tongguan Investment Co., Ltd., totaling 97.3958% of Jiuhua New Materials' shares.