中创化工终止上交所主板IPO 原拟募6.5亿中信证券保荐

Core Viewpoint - The Shanghai Stock Exchange has decided to terminate the review of Hunan Zhongchuang Chemical Co., Ltd.'s application for an initial public offering (IPO) and listing on the main board due to the company's withdrawal of its application [1][2]. Company Overview - Hunan Zhongchuang Chemical Co., Ltd. is a high-tech chemical enterprise focused on the production, research, and sales of new environmentally friendly solvents, with main products including butyl acetate, isopropyl acetate, and methyl ethyl ketone [2][3]. - The company's products are primarily used in various fields such as coatings, inks, adhesives, pesticides, pharmaceuticals, chemical dehydration, extraction, organic synthesis, electronic cleaning, and fragrances, and can also be used as components in gasoline blending [2]. Shareholding Structure - As of the signing date of the prospectus, the shareholders of Zhongchuang Chemical hold shares relatively dispersedly, with no single shareholder owning more than 50% of the total share capital [3]. - Major shareholders holding more than 5% of the shares include Weichuang Partnership (14.29%), Changlian New Materials (8.73%), Derui Fengyuan (8.44%), Engineering Company (5.45%), Tongyi Investment (5.33%), and Liu Liangshuai (5.02%) [3]. - No shareholder can independently exert significant influence over the resolutions of the shareholders' meeting, indicating the absence of a controlling shareholder [3]. IPO Details - The company planned to issue no more than 28 million new shares, representing at least 25% of the total share capital post-issuance, with the final number subject to approval by the China Securities Regulatory Commission [3]. - The intended fundraising amount was 65 million yuan, allocated for a 100,000 tons/year electronic-grade carbonate project [4]. Project Investment - The total investment for the 100,000 tons/year electronic-grade carbonate project is approximately 104.42 million yuan, with the planned fundraising amount being 65 million yuan [4]. - The lead underwriter for the IPO is CITIC Securities Co., Ltd., with representatives Jiang Xiang and Xie Shiqiu [4].