Based on the issuance timetable, two companies from the inaugural batch of A-share Initial Public Offerings (IPOs) slated for 2026 will open for subscription next week, specifically on Tuesday, January 6, 2026. These companies are Kema Materials, which will list on the Beijing Stock Exchange, and Zhixin Co., Ltd., set to debut on the main board of the Shanghai Stock Exchange. Zhixin Co., Ltd. is planning to go public on the main board of the Shanghai Stock Exchange, with an offering of 56,666,700 shares. The company aims to raise 1.329 billion yuan, funds that will be earmarked for projects like expanding production capacity, technological upgrades to its stamping and welding production line, and bolstering working capital. Zhixin Co., Ltd. stands as a pivotal supplier of automotive stamping and welding components, boasting a client roster that includes industry giants such as Geely, Changan, and BYD. Meanwhile, Kema Materials, a specialist in automotive friction plates, has set its issue price at 11.66 yuan per share, with a price-to-earnings ratio of 14.2 times. Its clientele features renowned names like ZF, Fast Gear Eaton, and others.