Henan Billions Passed CSRC’s Review


CSRC announced on May 20th that Henan Billions Chemicals Co., Ltd. passed the review by Public Offering Review Committee of the CSRC. Before the IPO, Fosun Chemicals and Jiuding Capital has a share of not exceeding 23% in Billions Chemicals.

According to relevant documents, Billions Chemicals plans to issue 24, 000,000 in Shenzhen Stock Exchange, and the total shares after the IPO will be 94,000,000. The company is in the industry “Chemical Materials and Chemical Products Manufacturing”, focusing on manufacture and sales of titanium pigments, zirconium products, aluminum sulfate, etc..