CSRC approved the IPO registration of Yongjie New Materials on the Shanghai Stock Exchange's main board.

On November 21, the China Securities Regulatory Commission issued the "Approval of the China Securities Regulatory Commission on the Registration of the Initial Public Offering of Yongjie New Materials Co., Ltd." It is reported that Yongjie New Materials plans to list on the Shanghai Stock Exchange's main board, with IPO sponsor East China Securities, and plans to raise Rmb2.089bn.