On August 5, 2020, the Shenzhen Stock Exchange approved the IPO application of Chinese toothpaste raw material supplier GDJS Silicon Material Technology Group.
This time, GDJS plans to publicly issue no more than 30.430 million new shares, and will invest 472 million yuan of raised funds to expand production capacity. Including investment of 412 million yuan for the construction of silica production base and investment of 60,267,300 yuan to build a research and development center.
GDJS is a company specializing in the research and development, production and sales of precipitated silica. Founded in 2003, its products are mainly silica for toothpaste, including friction silica, thickening silica, etc. As a friction agent and thickener for toothpaste, silicon dioxide is widely used in the toothpaste industry.
Customer Reference
GDJS`s customers includes Yunnan Baiyao, P&G Crest, Colgate, Unilever…