TONGBO TECHNOLOGY HKEX IPO Application Lapsed, China’s 9th Largest Electrolytic Copper Foil Manufacturer
NewTimeSpace News: The listing application submitted by Jiangxi Tongbo Technology Co., Ltd. to the Hong Kong Stock Exchange on 28 January 2026 has lapsed upon the expiry of the six-month validity period. Guojin Securities (Hong Kong) served as the original sole sponsor.
The Company is a leading supplier of electrolytic copper foil solutions in China, focusing on the design, R&D, production and sales of high-performance electrolytic copper foil. According to Frost & Sullivan data, measured by 2024 shipment volume, the Company ranks as China’s 9th largest electrolytic copper foil manufacturer with around 4.0% market share, and the 2nd largest high-performance lithium battery copper foil producer with a 13.0% market share.
The lithium battery copper foil manufactured by the Company serves as a critical component for lithium batteries used in new energy vehicles, energy storage systems and consumer electronics. High-end electronic circuit copper foil is a core material for manufacturing PCBs and CCLs, widely applied in 5G/6G communications, AI servers, high-performance computing, commercial aerospace, automotive electronics, consumer electronics and other markets.
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