Longhua New Materials listed on the Growth Enterprise Market to raise 270 million yuan for the expansion of polyether polyols

On November 9, Shandong Longhua New Materials Co.

The prospectus shows that Longhua New Materials is mainly engaged in the research and development, production and sales of polyether polyol (PPG) (polyether for short) series products, and is a domestic professional large-scale production enterprise of polyether series products

Source: Longhua New Materials prospectus

The data shows that from 2018 to 2020, the operating income of Longhua New Materials was 1.

Source: Longhua New Materials prospectus

According to the prospectus, the main products of Longhua New Materials include polyether for flexible foam and polyether for CASE, among which polyether for flexible foam is the company's main products, including POP and general-purpose flexible foam polyether products

Source: Longhua New Materials prospectus

In 2020, the operating income of Longhua New Materials POP, general soft foam polyether, and CASE polyether products were 1.

Source: Longhua New Materials prospectus