On February 8, Red Avenue New Materials Group Co., Ltd. officially submitted its application for listing to the Hong Kong Stock Exchange, aiming to achieve a dual A+H listing, with Haitong International serving as the sole sponsor. The company has already been listed on the Shanghai Stock Exchange since 2018. In the field of electronic materials, during the first nine months of 2025, Red Avenue New Materials ranked first among Chinese suppliers in terms of sales in both the Chinese semiconductor photoresist market and the TFT array photoresist market.
