Longhua New Material Successfully Landed on Shenzhen Stock Exchange GEM Board

The listing ceremony of Shandong Longhua New Material Co., Ltd. was held grandly in the morning of November 10, 2021 in Shenzhen, and our company was successfully listed on the GEM Board of the Shenzhen Stock Exchange (stock abbreviation: Longhua New Material, stock code: 301149). The company's public offering of 70 million shares, the issue price of 10.07 yuan / share, the issuance of price-earnings ratio of 42.8 times, the total amount of funds raised 705 million yuan.

Leaders attending the listing ceremony include Wang Chang, Vice Mayor of Zibo Municipal Government, Fan Li, Secretary of Party Committee, Chairman and President of Soochow Securities Co., Ltd, Wang Jindong, Secretary of Party Committee of Gaocheng County, Han Zhigang, Chairman of Shandong Lonrho New Materials Co., Ltd, Zhang Tao, Director of Investment Promotion Bureau of Zibo, Teach Chuantao, Director of Financial Supervision Bureau of Zibo, Jing Bo, Director of Office of Zibo in Hong Kong, and Liu Daode, Deputy County Mayor of Gaocheng County. Ltd. director, deputy general manager, financial controller Qi Chunqing and so on.

Successful listing is not the end, but a new starting point. Mr. Han Zhigang, the chairman of the company, said in his speech that we will firmly grasp this valuable opportunity, through the realization of the investment projects, enhance the continuous development of advantageous products and innovation and upgrading capabilities, continue to achieve rapid growth in performance, and return shareholders, users and society with a bright future.

On behalf of Soochow Securities Company Limited, Mr. Fan Li, Secretary of the Party Committee, Chairman of the Board of Directors and President of Soochow Securities Company Limited, extended his warmest congratulations to Shandong Longhua New Materials Company Limited on its successful listing, and expressed his conviction that the successful listing of Longhua New Materials, as a sponsor and lead underwriter of Longhua New Materials, would bring new development opportunities to the company, new investment opportunities to investors, and new vitality and vigour to the capital market. The successful listing of Lonwalk will bring new development opportunities to the enterprise, new investment opportunities to investors and new vitality to the capital market.

The listing of our company marks that Zibo has become the first city in Shandong province to realize the full coverage of A-share listed companies in the county. Wang Chang, vice mayor of Zibo government, said that Zibo is actively seizing the historical opportunity of capital market development, continuing to deepen the “financial empowerment”, and focusing on optimizing the business environment to provide all-around and full-growth-cycle financial services to the listed companies and to build a capital market with full efforts. Zibo is actively seizing the historical opportunity of capital market development, continuously deepening “financial empowerment”, focusing on optimizing the business environment, providing comprehensive and full-growth cycle financial services for enterprises to go public, and making every effort to build a “Zibo plate” in capital market. The successful issuance and listing of Longhua New Material signifies that Longhua New Material has entered a new stage of development through the capital market, and also marks a new breakthrough in the “Zibo Plate” of the capital market.

At 9:26 a.m. on November 10, 2021, Mr. Wang Chang, Vice Mayor of Zibo Municipal Government, Mr. Fan Li, Secretary of Party Committee, Chairman of Board of Directors and President of Soochow Securities, Mr. Wang Jindong, Secretary of Party Committee of Gaocheng County, Mr. Han Zhigang, Chairman of Board of Directors of Shandong Lonrho New Materials, Mr. Qi Chunching, Director, Deputy General Manager and Financial Controller of Shandong Lonrho New Materials and Ms. Zhang Ping, Sales Director of Shandong Lonrho New Materials rang the listing bell. Zhang Ping rang the listing bell, marking the successful listing of LONGHUA New Material in Shenzhen Stock Exchange, and at the same time marking that Shandong LONGHUA New Material Company Limited has entered into a new stage of development.