Inicio - Noticias - Yuefeng New Materials' share issuance application has been approved by the Shenzhen Stock Exchange for review. The raised funds are planned to be used for the expansion of automotive lightweight aluminum profiles production.
Yuefeng New Materials' share issuance application has been approved by the Shenzhen Stock Exchange for review. The raised funds are planned to be used for the expansion of automotive lightweight aluminum profiles production.
May 30, 2026
On May 28th, Yuefeng New Materials announced that its application for issuing stocks to specific parties has been approved by the Listing Review Center of the Shenzhen Stock Exchange. Subsequently, it will be submitted to the China Securities Regulatory Commission for the registration process. It is known that the funds raised by Yuefeng New Materials this time are intended for the expansion of the production capacity of automotive lightweight aluminum profiles, further strengthening its position in the new energy vehicle sector. The company's automotive lightweight aluminum-based new materials products have been applied to brands such as Mercedes-Benz, BMW, Xiaopeng, Sesilius, NIO, and Xiaomi Motors.
