Jiangsu Boqian New Materials Stock Co., Ltd. Rushes for HKEX Listing, Breaking Overseas Monopoly on High-End Nickel Powder for MLCC

NewTimeSpace News: Jiangsu Boqian New Materials Stock Co., Ltd. (605376.SH) submitted its listing application to the Hong Kong Stock Exchange on 17 June 2026, with Guotai Junan International serving as the sole sponsor.

The Company is a globally renowned supplier of electronic-grade metal powder materials, engaging in the research, development, production and sales of high-end metal powder materials. Backed by its proprietary technology platform centred on Physical Vapor Deposition (PVD), it supplies core metal powder materials to manufacturers of multi-layer ceramic capacitors (MLCC), low-silver and silver-free photovoltaic electrode materials, solid-state battery anode materials and other electronic components.

With years of technological accumulation, the Group has grown into a key material supplier in the electronic component industrial chain and broken the long-standing monopoly of overseas enterprises in the field of high-end nickel powder for MLCC. Per Frost & Sullivan’s industry report, based on revenue in 2025, the Company captured around 11.0% of the global market for MLCC nickel powder, securing the second position globally and building robust technological and industrialisation capabilities in high-end electronic metal powders.

The Company’s product portfolio mainly consists of nickel-based powders, copper-based powders, silver powder, alloy powders and other metallic powders, which are widely applied in consumer electronics, automotive electronics, industrial automation, artificial intelligence, new energy photovoltaics, semiconductor packaging and other sectors. Its nickel powder is primarily used as electrode material for MLCC, while copper powder and silver-coated copper powder are adopted in low-silver and silver-free photovoltaic solutions to substantially cut the production costs of photovoltaic cells.