Chengfeng New Materials, a manufacturer of polyurethane soft foam, has had its IPO application accepted by the Beijing Stock Exchange.

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On the evening of June 4, 2026, the official website of the Beijing Stock Exchange announced that the IPO application of Jiangsu Chengfeng New Materials Co., Ltd. (hereinafter referred to as “Chengfeng New Materials”) has been accepted.

The company primarily engages in the R&D, production, and sales of methodology-driven polyurethane soft foams, with its items broadly applied across numerous sectors, including transportation equipment, high-performance porous materials manufacturing, and everyday consumer goods.

Chengfeng New Materials plans to raise approximately RMB 716 million, which will be allocated to a next-generation high-performance, environmentally friendly polyurethane materials and derivative items project, a polyurethane materials R&D center construction project, and the replenishment of working capital.

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