Jinan Janbon Metallic Materials Co., Ltd. Advances HKEX Listing Application, Ranked No.1 in China for Silver Powder for xBC Cells
NewTimeSpace News: Jinan Janbon Metallic Materials Co., Ltd. filed listing application with HKEX on 14 July, with CICC International acting as sole sponsor. According to Frost & Sullivan, measured by revenue of photovoltaic silver powder in China, the Company ranked first among domestic manufacturers in 2023 with a 10.0% market share, and third in both 2024 and 2025 with market shares of 9.8% and 9.3% respectively. By revenue of silver powder for xBC cells in 2025, it secured the top position across all photovoltaic silver powder producers.
NewTimeSpace News: Jinan Janbon Metallic Materials Co., Ltd. submitted its listing application to The Stock Exchange of Hong Kong Limited on 14 July 2026, with CICC International appointed as the sole sponsor.
The Company is a renowned silver powder supplier in China with over ten years of operational experience, integrating research, development, production and sales. Its silver powder products are primarily applied in the manufacturing of photovoltaic silver paste. The Group’s core strength lies in the capability to produce high-end silver powder, whose end applications include front fine grid of PERC cells, front fine grid and rear high-copper paste of TOPCon cells, conductive grids for HJT cells and xBC cells.
Per Frost & Sullivan statistics, based on revenue of photovoltaic silver powder within China, the Company ranked first among domestic manufacturers in 2023 with a market share of 10.0%, and third in 2024 and 2025 at 9.8% and 9.3% respectively. Measured by 2025 revenue of silver powder dedicated to xBC cells, the Company ranked first among all photovoltaic silver powder producers.
Founded in 2010, the Company is one of China’s earliest enterprises focusing on the R&D, production and sales of photovoltaic silver powder. As of the latest practicable date, the Group holds 20 invention patents and 31 utility model patents, most of which relate to photovoltaic silver powder production technologies. In 2026, the Company’s nano silver powder successfully passed customer verification for high-copper paste applications.
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