Shenzhen Stock Exchange in 2026 was born.
On January 11, the Shenzhen Stock Exchange issued a decision to terminate the examination of Zhuhai Saiwei's initial public offering and listing on the GEM.
Due to the withdrawal of the application for issuance and listing of Zhuhai Saiwei and the sponsor China Merchants Securities, the Shenzhen Stock Exchange decided to terminate the examination of its issuance and listing in accordance with relevant regulations.
It is worth pointing out that this is the second time Zhuhai Saiwei has broken through the GEM. As early as November 2016, the company submitted an application for listing on the GEM, but it was not approved by the meeting of the issuance and examination committee.
In 2022, Zhuhai Saiwei launched its IPO again. The original plan was to raise 1 billion yuan for Huainan Saiwei's annual output of 200000 tons of secondary lithium-ion battery electrolyte and supporting raw materials project (Phase I), Hefei Saiwei R & D Center and other projects.
It is reported that Zhuhai Saiwei, founded in 2007, is one of the earliest enterprises engaged in the development of electrolyte materials in the field of lithium power in China. In the first half of 2023, the company's electrolyte shipments ranked fifth in China.
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