On October 31, 2025, the Listing Review Committee of the Shanghai Stock Exchange is scheduled to hold its 47th review session. During this meeting, the committee will carefully evaluate the initial public offering (IPO) application submitted by Xi'an Taijin New Energy Technology Co., Ltd. (hereafter referred to as "Taijin New Energy").

Taijin New Energy has its sights set on listing on the STAR Market, a key platform of the Shanghai Stock Exchange. The company's plan involves issuing no more than 40 million new shares. These newly issued shares will constitute no less than 25% of the company's total share capital post-issuance. Through this IPO, Taijin New Energy aims to secure 990 million yuan in funding. The raised capital will be allocated to three major projects: the industrialization of high-end intelligent complete equipment for green electrolysis, the industrialization of high-performance composite coated titanium electrode materials, and the construction of the enterprise's R&D center.

CITIC Construction Investment Securities has taken on the role of sponsor for Taijin New Energy's IPO. In terms of ownership structure, the Northwest Institute for Non-ferrous Metals Research serves as the controlling shareholder, while the Shaanxi Provincial Department of Finance holds the position of the actual controller.