On September 29, the Shanghai Stock Exchange disclosed that it accepted the listing application of JLZY Molecular Materials Group.
Since JLZY was established in 2001, it has always focused on the research and development, production and sales of special engineering plastic polyether ether ketone (PEEK) series products. The company’s existing PEEK products mainly include pure resin powder, granules and reinforced composite resins, which can be divided into two categories, three brands, and six series with nearly 60 product specifications, which are suitable for injection molding, extrusion, compression molding, etc. The processing method can meet the needs of downstream customers for various application scenarios of special engineering plastics.
In terms of the use of the raised funds, JLZY stated that it plans to publicly issue no more than 30,420,000 A shares, and the raised funds intend to invest in the project of a comprehensive plant (phase II) with an annual output of 5,000 tons of polyether ether ketone (PEEK) deep processing series products and an innovation and technology research and development center project.