Keli's IPO was approved by the Northbound Exchange's listing committee.

According to Securities Times' data, the 2024th meeting of the Northbound Exchange's listing committee on August 9th showed that Xinjiang Kelite New Technology Development Co., Ltd. (Kelite Technology) passed the examination and is planned to be listed on the Northbound Exchange.

The company's main business is to provide oilfield chemical technology services, develop and sell oilfield special chemicals and oilfield special equipment. The funds raised are planned to be invested in the Intelligent Manufacturing Base Construction Project, the Oil and Gas Field Technology Research Institute Construction Project, and the Supplemental Working Capital. The sponsoring institution for this issue is the Shenzhen Securities Co., Ltd.

Financial data shows that in 2021-2023, the company's operating revenue was RMB335.25 million, RMB448.26 million and RMB520.66 million respectively, and the net profit was RMB35.52 million, RMB45.82 million and RMB52.07 million respectively. In terms of growth, the company's operating revenue decreased by 19.73% in 2023, and the net profit increased by 13.61%.(Dataport)

The company's main financial indicators

Financial indicators/Time	2023	2022	2021
Operating revenue (RMB)	35854.57	44669.00	33465.63
Nat. profit attributable to shareholders (RMB)	5206.61	4582.68	3552.47
Nat. profit attributable to shareholders after non-recurring gains and losses (RMB)	4358.62	4336.99	3549.48
Basic EPS (RMB)	0.8200	0.7600	0.5900
Diluted EPS (RMB)	0.8200	0.7600	0.5900
Weighted average ROE (%)	12.64	12.14	10.35
Cash flow from operating activities (RMB)	6120.83	5565.43	5268.70

Review progress

Review progress, Chenzhou Stock Exchange, Chenzhou Stock Exchange IPO