Anhui Conch Material Technology Co., Ltd. (Ticker: 2560 HK) is a China-based chemicals company specializing in cement and concrete admixtures and their upstream raw materials. The company operates 11 production facilities across multiple provinces in China. Anhui Conch Material Technology Co., Ltd. is a subsidiary of Anhui Conch Group Co., Ltd., a state-owned enterprise with diversified operations in construction materials and related sectors.

The company will list on the Hong Kong Stock Exchange's Main Board on January 9, 2025. The offering aims to raise HKD 478.41 million (USD 61.59 million), selling 144.97 million primary shares at an expected price range of HKD 3.00 to 3.30. The offering is managed by ABCI Capital Ltd, BOCI Asia Ltd, BOCOM International Securities Ltd, CCB International Capital Ltd, and China Galaxy International Securities. A 15% greenshoe option equivalent to 21.75 million shares is included in the offering.

The proceeds are earmarked for expanding production capacity, market growth initiatives, research and development, debt repayment, potential acquisitions or joint ventures, and working capital.