Zhejiang Rongtai (603119.SH), Global Leader in Mica Materials, Submits HKEX Listing Application; No.1 Global Market Share in New Energy Sector in 2024
NewTimeSpace News: Zhejiang Rongtai Electric Material Co., Ltd. (603119.SH) formally filed an application for a Main Board listing with the Stock Exchange of Hong Kong Limited on January29, 2026, with CITIC Securities acting as the sole sponsor.
The company is a pioneer and leader in global new energy mica composite materials and related products. According to Frost & Sullivan data, in terms of 2024 operating revenue, it ranked first in the global mica product market for the new energy sector with a 22.6% market share, and also secured the top position in the Chinese market with a 14.1% market share.
With over 20 years of focus on the R&D, production and sales of mica materials, the company has become a major supplier of high-performance mica composite materials and related products in the new energy sector by virtue of its strong technological innovation capabilities and customer-centric R&D cooperation. Leveraging its cross-sector expertise in precision processing technology, the company has successfully expanded its business from mica products to the field of key precision structural components for robots.
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