SSI NEW MATERIAL: Re-Files for HKEX Listing; Ranks No. 1 Globally in Acoustic Enhancement Materials by 2025 Revenue

NewTimeSpace News: On 21 August 2026, SSI New Material (Zhenjiang) Co., Ltd. submitted a listing application to the Main Board of the Stock Exchange of Hong Kong, with Guotai Junan International acting as the sole sponsor. The Company is an electronic functional enhancement materials company with established business layouts in acoustic enhancement materials, electronic ceramic materials, electronic adhesives and energy enhancement materials, and has built three core technology platforms: the inorganic powder technology platform, the polymer materials technology platform and the composite materials technology platform.

According to Frost & Sullivan, by 2025 revenue, the Company ranked first in the global acoustic enhancement materials market with a market share of approximately 20.0%; second in the global market for alumina ceramic materials for lithium-ion battery (LIB) separator coating with a market share of approximately 14.3%; fourth in the global acoustic adhesives market with a market share of approximately 3.2%; and third in the global high-reflectivity glaze market with a market share of 4.6%.

In terms of production, as of 30 June 2026, the Company owns three production bases in China and has implemented a comprehensive production planning management system to ensure efficient utilization of its manufacturing resources and to align production output with market demand and customer orders. For the years ended 31 December 2023, 2024 and 2025 and the six months ended 30 June 2026, the utilization rates were 52.5%, 96.3%, 95.0% and 90.7% respectively for acoustic enhancement materials; zero, zero, 80.9% and 74.2% for electronic ceramic materials; 52.5%, 32.0%, 90.0% and 80.8% for electronic adhesives; and 26.0%, 57.0%, 62.5% and 93.9% for energy enhancement materials.

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