The Shanghai Stock Exchange main board IPO of Yongzhen Technology Co., Ltd. (hereinafter referred to as "Yongzhen Co.") passed the listing committee meeting on September 26th. The sponsoring institution is Guojin Securities, and the proposed fund raising is 1.725 billion yuan. According to the prospectus, Yongzhen Co. is mainly engaged in the research and development, production, sales and application of green energy structural materials. At present, the company has become one of the leading aluminum alloy photovoltaic structural component manufacturers in China. The company's main products include photovoltaic frame products, photovoltaic building integrated products (BIPV), photovoltaic bracket structural components. The photovoltaic frames produced by the company have entered the supply chain system of top component manufacturers such as Tianshine Photovoltaic, Jingao Technology, Longji Green Energy, Atecs and Jingke Energy, and have established long-term and stable cooperative relationships. The company can currently produce 220,000 tons of photovoltaic frames annually.
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