The first IPO application in the Year of the Horse, Xinhua Technology's application for listing on the Science and Technology Innovation Board has been accepted
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Author:小编   

On February 25, the official website of the Shanghai Stock Exchange showed that the IPO application of Jiangsu Xinhua Semiconductor Technology Co., Ltd. for listing on the Science and Technology Innovation Board has been accepted, marking the first such application in the Year of the Horse. Xinhua Technology specializes in the research and development, production, and sales of electronic-grade polysilicon for the semiconductor industry, with a domestic market share exceeding 50% in 2024. This IPO aims to raise 1.320 billion yuan for polysilicon projects, a research and development base, and to supplement working capital.