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electric eel - conch materials competes with the hong kong stock exchange again, and anhui ipo market welcomes new hope

2024-09-27

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"electric eel finance" electric eel hao/text

in the wave of capital markets, every impact is full of variables and challenges. recently, conch materials announced that it has once again submitted a listing application to the hong kong stock exchange (hkex), marking that this anhui-based company is striving to seize opportunities in the capital market and strive to achieve its own rapid development. if it can be successfully listed this time, conch materials will become the fourth ipo project in anhui province to land on the hong kong stock exchange this year. this is not only a recognition of conch materials’ own strength, but also a demonstration of anhui’s economic vitality and innovation capabilities.

the prospectus of conch materials shows that in fiscal year 2021, fiscal year 2022, fiscal year 2023 and six months of 2024, the company's revenue from cement admixtures and related intermediate products in process was rmb 1,449.6 million, respectively. rmb1,357.8 million, rmb1,427.7 million and rmb618.4 million respectively accounted for 94.3%, 73.8%, 59.6% and 56.0% of our total revenue in the same year/period. in fiscal year 2021, fiscal year 2022, fiscal year 2023 and six months of 2024, conch materials' revenue from concrete admixtures and related intermediate products in process was rmb 84.8 million, rmb 460.4 million, and rmb 460.4 million, respectively. 962.5 million and rmb482.7 million, accounting for 5.5%, 25.1%, 40.2% and 43.7% of its total revenue in the same year/period respectively.