A new stock available for subscription this Monday: the leading aluminum pigment company is here!

【Introduction】One new stock available for subscription this week, a leading international aluminum pigment manufacturer

China Fund Reporter says:

Attention, A-share investors interested in IPOs!

According to the current issuance schedule, there is one new stock available for subscription this week: Beijiao New Material, a new stock from the BeiJiao Stock Exchange, with subscription date on March 9.

Beijiao New Material is a globally renowned aluminum pigment producer

The subscription code for Beijiao New Material is 920078, with an issue price of 6.98 yuan per share, an issuance P/E ratio of 14.99 times, and a reference industry P/E ratio of 34.76 times.

The total number of shares issued by Beijiao New Material is 23 million, with 20.7 million shares available for online subscription. Investors participating in the online subscription can subscribe up to 1.035 million shares.

Beijiao New Material has been dedicated to research and development of functional powder materials in non-ferrous metals, including aluminum pigments and micro spherical aluminum powders. It has grown into one of the internationally recognized aluminum pigment producers and has been rated as a national-level specialized and innovative “Little Giant” enterprise.

Currently, the aluminum pigment products produced by Beijiao New Material are used in coatings, printing inks, plastics, and other fields. Downstream products are applied in automotive, 3C (computers, communications, consumer electronics), household appliances, aircraft and ships, construction machinery, and building materials manufacturing industries.

According to data from the China Coatings Industry Association, Beijiao New Material’s aluminum silver powder ranks second in domestic powder coating applications, and its high-performance aluminum powder pigment ranks third globally and first nationwide in terms of production and sales.

Major well-known clients of Beijiao New Material include multinational coating giants such as AkzoNobel, Nippon Paint, Bega Group, Sun Chemical, Axalta, Kansai Paint, BASF, and Sherwin-Williams, as well as well-known companies like Huahui Coatings, Matsui Co., Ltd., Feilu Co., Ltd., Xiangjiang Coatings, and Bonfort.

From 2022 to the first half of 2025, Beijiao New Material’s operating revenues were 629 million yuan, 690 million yuan, 707 million yuan, and 363 million yuan, respectively, with net profits attributable to parent company shareholders of 51.78 million yuan, 86.74 million yuan, 58.72 million yuan, and 35.89 million yuan.

Source: Beijiao New Material Prospectus

The prospectus shows that Beijiao New Material’s revenue in 2025 is expected to reach 796 million yuan, a year-on-year increase of 12.61%; net profit attributable to parent company shareholders is expected to be 81.83 million yuan, a year-on-year increase of 39.36%.

Source: Beijiao New Material Prospectus

(Origin: China Fund News)