On June 11, 2026, Anhui Huachuang New Materials Co., Ltd. (hereinafter referred to as "Huachuang New Materials"), based in the Tongling Economic and Technological Development Zone of Anhui Province, filed its prospectus with the Hong Kong Stock Exchange, proposing a listing on the Main Board of the Hong Kong Stock Exchange.
Huachuang New Materials Prospectus Link
Core Business
Founded in 2016, Huachuang New Materials is a leading technology enterprise specializing in the research and development, production, and sales of high-performance electrolytic copper foil products, with a mission to become a world-class player in the global electrolytic copper foil industry.
According to data from Frost & Sullivan, by shipment volume in 2025, Huachuang New Materials ranked as the world's third-largest producer of electrolytic copper foil, holding a market share of approximately 5.4%.
Huachuang New Materials’ products have earned broad customer recognition for their performance and value. The company’s product portfolio comprises two core categories: (i) high-end lithium battery copper foil—primarily double-sided shiny copper foil, serving as a critical anode current collector in lithium-ion batteries; and (ii) electronic circuit copper foil, a key conductive material used in the production of copper-clad laminates (CCL) and printed circuit boards (PCB).
Electrolytic copper foil is a vital raw material in the manufacturing of lithium-ion batteries and electronic circuits, serving as an indispensable foundational component for both the new energy and information electronics industries. Electronic circuit copper foil functions as the core conductive material in CCL and PCBs, forming intricate circuit patterns through etching processes. It is widely applied in consumer electronics, telecommunications equipment, automotive electronics, and digital infrastructure, and is regarded as the "fundamental neural network" of the modern information electronics industry.
Huachuang New Materials has been recognized as a National High-Tech Enterprise, a “National Intellectual Property Advantage Enterprise,” and an “Anhui Provincial Technological Innovation Demonstration Enterprise.” The company has received numerous industry accolades, including “China’s Leading Lithium Battery Copper Foil Technology Brand,” “Top 100 Innovative Enterprises in Anhui,” and “Anhui Provincial ‘115’ Industrial Innovation Team.” As of December 31, 2025, the company held 130 patents in China, including 31 invention patents and 99 utility model patents. Its R&D project on high-performance ultra-thin copper foil for new energy vehicle batteries was designated as a Major Science and Technology Project of Anhui Province and awarded the Second Prize of Anhui Provincial Science and Technology Progress. Additionally, the company’s R&D and industrialization project on 4-micron high-tensile ultra-thin copper foil for power batteries was selected as a Key Provincial R&D Project in Guangxi Zhuang Autonomous Region. Huachuang New Materials has established long-term collaborative relationships with institutions including Hefei University of Technology, NamCheong University, Guangxi University, and Jiangxi Academy of Sciences.
Huachuang New Materials generates the majority of its revenue from the sale of various copper foil products.
Shareholding Structure
According to the prospectus, prior to its Hong Kong listing, Huachuang New Materials’ shareholder structure was as follows:
Mr. Chen Xuehua and Ms. Qiu Jinhua, as a married couple, collectively hold 61.72% of the shares—58.17% through Huayou Holdings and 3.54% through controlling Tongling Chuang’an Hui—making them the controlling shareholders.
Management
The Board of Directors of HuaChuang New Materials consists of seven directors, including:
Two executive directors:
Mr. Zhou Shengfu (Chairman and General Manager);
Mr. Yin Yong (Deputy General Manager);
2 Non-Executive Directors:
Mr. Chen Xue (Deputy General Manager of Huayou Holdings and Director of the Financial Management Department);
Ms. Fang Xianglei (Deputy General Manager of the Human Resources Center);
3 Independent Non-Executive Directors:
Mr. Zhou Weihua (Professor at NamCheong University);
Mr. Liu Wencheng (Associate Editor of Electronic Copper Foil Information magazine and Adjunct Lecturer at the Copper Foil Industry College of Jiaying University);
Ms. Guo Yuzhen (Fellow of the Hong Kong Institute of Certified Public Accountants);
In addition to executive directors, senior management includes:
Mr. Cao Shengyue (Deputy General Manager and General Manager of a subsidiary company);
Mr. Sun Tao (Person in Charge of Finance);
Dr. Liu Yicheng (Secretary to the Board and Joint Company Secretary).
Company performance
According to the prospectus, Huachuang New Materials reported revenues of RMB 4.362 billion, RMB 5.533 billion, and RMB 8.630 billion in 2023, 2024, and 2025, respectively, with corresponding net profits of -RMB 2.12 billion, -RMB 3.64 billion, and RMB 0.98 billion.
Intermediary team
The intermediary team for Huachuang New Materials’ IPO primarily includes:
CITIC Securities as its exclusive sponsor;
KPMG as its auditor;
Guohao serves as its company's legal counsel in China;
Clifford Chance as its Hong Kong and U.S. legal counsel;
Jingtian & Gongcheng acted as its PRC legal counsel for the securities firm;
Baker McKenzie serves as the legal counsel for the broker in Hong Kong and the U.S.;
Sunbase Capital as its compliance advisor;
Frost & Sullivan served as its industry consultant.