Shenzhen Senior Technology Material Co Ltd (Ticker: SENIOR SW) is an electronics company based in China. The company specializes in manufacturing battery components. Shenzhen Senior Technology Material Co Ltd designs, produces, and sells lithium-ion separators, along with ceramic and polymer coatings, wet process materials, and other related products, serving customers globally.
The company has announced its intention to list Global Depositary Receipts (GDRs) on the SIX Swiss Exchange. The firm's China A shares are already listed in Shenzhen under the ticker 300568 CH. For its Swiss listing, Shenzhen Senior Technology Material Co Ltd expects to raise USD 120.00 million. The IPO's offer price is set at USD 9.46 per GDR, and each GDR represents 5 Ordinary A shares. The company plans to offer 12.68 million GDRs. The offering is managed by CLSA Ltd, CMB International Capital Corp Ltd, China Securities International Corporate Finance, and Huatai Financial Holdings Hong Kong Ltd. The expected listing date is December 18, 2023.