On December 28th, Santai Xincai (832437) recently issued an announcement that the company publicly issued shares and listed on the Shenzhen Stock Exchange to guide the situation:

Hunan Santai New Materials Co., Ltd. (hereinafter referred to as "the Company") signed a written tutoring agreement with Zhongtian Guofu Securities Co., Ltd. (hereinafter referred to as "Zhongtianguofu Securities") on December 23, 2022. Hunan Santai New Materials Co., Ltd. and Zhongtian Guofu Securities Co., Ltd. on the initial public offering of RMB common shares (A shares) and listing ". The tutoring institution is Zhongtianguo Securities.

On December 23, 2022, the company submitted the guidance record materials for the initial public offering and listing in the entrepreneurial edition to the Hunan Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as "Hunan Securities Regulatory Bureau"). The counseling institution is Zhongtian Guo Fu Securities.

The company's application for initial public offering and listing on the gem has the risk of not being able to pass the gem listing review or the registration of the China Securities Regulatory Commission, and the company has the risk of not being listed on the gem due to the failure of the public offering.

The company meets the conditions for public offering stipulated in the measures for the Registration of initial Public offerings on gem (for trial implementation), and there is no listing on the gem as stipulated in Article 13 of the measures for the Administration of initial Public offerings on gem (for trial implementation).

According to the data of digging Bei net, Santai New material is a professional bimetal composite material production and R & D enterprise, and its main business at present is the production and sales of metallurgical rolls. at the same time, it provides roll surface treatment, steel rolling technical services, tool production and roll processing technical services, roll cooling water transformation services and so on.