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Shenzhen HFC Seeks to Offer 18.7 Million Shares in Shenzhen IPO

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Shenzhen HFC (SHE:301716) filed for an initial public offering of 18.7 million shares on the Shenzhen Stock Exchange, according to a Tuesday bourse filing.

The number of shares comprises 25% of the total share capital post-offering.

Shenzhen HFC produces thermal management materials, electromagnetic shielding, and wave absorption materials for use in AI data centers, 5G communications, and consumer electronics.

Huayuan Securities is the sponsor and lead underwriter, while Dongguan Securities is the joint lead underwriter.

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