Kejian Polymer Materials IPO Approved by Beijing Stock Exchange Listing Committee
On September 23, the Beijing Stock Exchange Listing Committee approved the IPO application of Kejian Polymer Materials (Shanghai) Co., Ltd., a national-level "Little Giant" specializing in butyl rubber sealants and adhesives. The company plans to issue up to 15.6 million shares, raising approximately 185 million yuan, with Changjiang Securities as sponsor. Proceeds will fund manufacturing and R&D upgrades. Kejian reported 2025 revenue of 518.20 million yuan and net profit of 69.25 million yuan.
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Kejian Materials Passes Beijing Stock Exchange Review, Specializing in Butyl Rubber for Over 20 Years
Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian Materials) has successfully passed the review of the Beijing Stock Exchange (BSE) listing committee, according to a report from Ofweek. The company, a national-level 'Little Giant' specializing in butyl rubber products, plans to issue up to 15.6 million shares, with Changjiang Securities as the sponsor. The article highlights Kejian's focus on the butyl rubber niche, a market long dominated by international giants like Henkel and 3M. The company reported revenues of 425.05 million yuan, 438.11 million yuan, and 518.20 million yuan for 2023, 2024, and 2025 respectively, with butyl rubber products accounting for 52.16% of 2025 revenue. Kejian holds 122 authorized patents, including 34 invention patents, and has contributed to national and industry standards. Its products are used in automotive, aerospace, wind power, and telecommunications, with clients including SAIC Motor, Geely, NIO, COMAC, Huawei, and ZTE. The company plans to use the IPO proceeds for a manufacturing center upgrade, R&D center upgrade, and working capital, aiming to expand capacity and strengthen its position in the domestic substitution trend for functional sealing materials.
Read sourceKejian Polymer Materials' IPO Application Approved by Beijing Stock Exchange Listing Committee
According to a report from Securities Times and data from DataBao, on September 23, the Beijing Stock Exchange (BSE) Listing Committee approved the initial public offering (IPO) application of Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian Shares) during its 86th review meeting of 2026. The company plans to list on the BSE. Kejian specializes in the research, development, production, and sale of sealing, bonding, damping, and noise-reducing materials. The funds raised will be used for upgrading its polymer materials manufacturing center, building a new R&D center, and supplementing working capital. The lead underwriter for the issuance is Changjiang Securities. Financial data shows that from 2023 to 2025, the company's revenue grew from 4.25 billion yuan to 5.18 billion yuan, and net profit attributable to parent company shareholders grew from 59.25 million yuan to 69.25 million yuan. In 2025, revenue increased by 18.28% year-on-year, and net profit grew by 18.90%.
Read sourceKejian Polymer Materials IPO Approved by Beijing Stock Exchange Listing Committee
On September 23, the Beijing Stock Exchange (BSE) Listing Committee approved the initial public offering (IPO) application of Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian Shares) during its 86th review meeting of 2026. The company, which specializes in the research, development, production, and sale of sealing, bonding, damping, and noise-reduction materials, plans to list on the BSE. The funds raised will be used for upgrading and constructing a polymer materials manufacturing center, upgrading a research and development center, and supplementing working capital. The sponsor for this issuance is Changjiang Securities Underwriting Co., Ltd. Financial data shows that from 2023 to 2025, the company achieved revenues of 425 million yuan, 438 million yuan, and 518 million yuan, respectively, and net profits of 59.25 million yuan, 58.24 million yuan, and 69.25 million yuan. In 2025, revenue grew by 18.28% year-on-year, and net profit increased by 18.90%.
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Kejian Polymer Materials IPO Approved by Beijing Stock Exchange, Stability Questioned
On September 23 evening, the Beijing Stock Exchange (BSE) announced that Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian) passed its IPO review meeting. Kejian is a national-level specialized 'Little Giant' and high-tech enterprise focused on the R&D and production of sealing, bonding, damping, and noise-reducing functional materials, primarily butyl rubber products. The company's IPO application was accepted in December 2025 and entered the inquiry stage in January 2026. Kejian plans to raise approximately 185 million yuan. During the review, the BSE listing committee asked Kejian to explain the stability of its business performance, considering factors such as downstream market demand changes, industry competition, major customer cooperation stability, orders on hand, new customer development, and raw material price trends.
Read sourceKejian Shares Passes Beijing Stock Exchange Review, Deeply Rooted in Butyl Rubber Niche for Over 20 Years
Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian Shares) has successfully passed the review of the Beijing Stock Exchange's listing committee. The company, a national-level 'Little Giant' specializing in sealing, bonding, damping, and noise reduction materials, plans to issue up to 15.6 million common shares, sponsored by Changjiang Securities. Kejian has carved a differentiated path by focusing on the butyl rubber segment, a market long dominated by international giants like Henkel and 3M. Its revenue grew from 425 million yuan in 2023 to 518 million yuan in 2025, a compound annual growth rate of 10.42%, with butyl rubber products accounting for 52.16% of 2025 revenue. The company holds 122 authorized patents, including 34 invention patents, and has participated in setting national and industry standards. Its products serve clients in automotive (SAIC, Geely, NIO), aerospace (COMAC), wind power, and telecommunications (Huawei, ZTE). The IPO proceeds of 185 million yuan will fund manufacturing upgrades, R&D center improvements, and working capital, aiming to strengthen its leading position in the domestic butyl rubber niche amid a trend of import substitution.
Read sourceKejian Shares Passes Beijing Stock Exchange Review, Specializing in Butyl Rubber for Over 20 Years
Kejian Polymer Materials (Shanghai) Co., Ltd. (Kejian Shares) has successfully passed the review of the Beijing Stock Exchange's listing committee. The company, a national-level 'Specialized and New' 'Little Giant' enterprise, plans to publicly issue up to 15.6 million shares, with Changjiang Securities as the sponsor. Kejian focuses on butyl rubber-based sealants and adhesives, a niche long dominated by international giants like Henkel and 3M. The company reported revenues of 425.05 million yuan, 438.11 million yuan, and 518.20 million yuan for 2023, 2024, and 2025 respectively, with a three-year compound growth rate of 10.42%. Its core butyl rubber product contributed 52.16% of 2025 revenue. Kejian holds 122 authorized patents, including 34 invention patents, and has participated in setting national and industry standards. The company supplies to major clients including SAIC Motor, Geely, NIO, Huawei, and COMAC. Proceeds from the IPO will fund a manufacturing center upgrade, a R&D center upgrade, and working capital, aiming to expand capacity and enhance automation.