On August 20, China`s leading high-dispersion silica manufacturer JSQC Silicon Chemical Technology Corp. was approved by the China Securities Regulatory Commission and will be listed on the Shanghai Stock Exchange.
JSQC's initial public offering of A shares does not exceed 65 million shares, and it plans to raise 470 million yuan for projects with an annual output of 70,000 tons of water glass, 75,000 tons of high-dispersible silica for green tires, and the construction of R&D centers. After the fund-raising project base is completed and put into production, the company's products will cover southern China, and the transportation distance and transportation cost of product sales will be greatly reduced.
It is understood that JSQC is mainly engaged in the research and development, manufacturing and sales of precipitated silica (commonly known as "white carbon black"). Its main market focuses on special materials for rubber industrial tires and animal feed carriers in the field of health. Up to now, the company has formed a complete industrial chain from the raw material sulfuric acid and sodium silicate to the final product silica. It is not only one of the world's largest manufacturers of high-dispersion silica for green tires, but also the world's largest animal feed carrier. One of the manufacturers of silicon oxide.