CSRC agrees to Hengkun New Materials' registration for IPO on the Shanghai Stock Exchange's Science and Technology Innovation Board.

According to the Zhitong Finance APP, on September 12, the China Securities Regulatory Commission issued the "Reply on approving the first public offering of shares registration of Xiamen Hengkun New Material Technology Co., Ltd.". It is reported that Hengkun New Material plans to list on the Shanghai Stock Exchange Science and Technology Innovation Board, with CITIC Securities as its sponsor, intending to raise 1.007 billion yuan.