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Henan Jinyuan Hydrogenated Chemicals Co., Ltd.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. (Ticker: 2502 HK) is a chemicals company based in China, specializing in the production and processing of hydrogenated chemicals. Their product portfolio includes benzene, toluene, xylene, and energy products such as liquefied natural gas. Established on November 23, 2012, and later becoming a subsidiary of Henan Jinma Energy Co., Ltd., the company is situated in the high-tech Industrial Development Zone of Jiyuan City, Henan Province, with a registered capital of 717 million yuan and employing 394 people.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. will list on December 20, 2023, in Hong Kong. The firm plans to offer 238.91 million shares, with an expected price range of HKD 1.10 to 1.50 (USD 0.14 to 0.19), aiming to raise approximately HKD 358.37 million (USD 45.89 million). The offering is managed by a consortium including ABCI Capital Ltd, ABCI Securities Co Ltd, CCB International Capital Ltd, CMB International Capital Corp Ltd, Central China International Securities Co Lt, China Everbright Securities (HK), and China Galaxy International Securities.

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