原文：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16920.htmlShanghai, November 11 - The Shanghai Stock Exchange (SSE) announced that its listing review committee will convene on November 18 to deliberate the initial public offering (IPO) application of Zhejiang Zhenshi New Materials Co., Ltd. (“Zhenshi New Materials”), a leading provider of fiber-reinforced materials for the clean energy sector.


As a national high-tech enterprise, Zhenshi New Materials specializes in developing and manufacturing advanced composite materials for renewable energy applications, including wind power, photovoltaics, new energy vehicles, construction, and transportation. The company’s innovative solutions support the global transition toward sustainable energy.

Market Leadership in Wind Power

With over two decades of industry experience, Zhenshi New Materials has emerged as a global leader in wind turbine blade materials, capturing more than 35% of the worldwide market for wind power glass fiber fabrics in 2024. The company pioneered the large-scale commercialization of pultruded profiles for wind blade main beams in China, driving the trend toward lighter and larger blades for both onshore and offshore wind projects.

Breakthroughs in Photovoltaics

The company’s fiber-reinforced photovoltaic frames offer superior lightweight properties, corrosion resistance, and mechanical strength compared to traditional metal frames. These advantages are particularly critical for offshore and coastal solar installations. Zhenshi’s PV frames recently obtained the world’s first product certification under the TÜV Rheinland 2PfG2923 standard, validating their durability and performance in harsh environments.

Global Customer Network and Production Footprint

Zhenshi New Materials serves a prestigious client portfolio spanning leading wind turbine manufacturers such as Vestas, Siemens Gamesa, Nordex, Mingyang Smart Energy, and Envision Energy. With production facilities across multiple countries and exports to over 30 markets, the company maintains a resilient global supply chain capable of responding swiftly to regional demand.

Growth Driven by the “Dual Carbon” Agenda

Aligned with China’s carbon neutrality goals, Zhenshi New Materials is strategically expanding into four high-growth segments:

- New Energy Power Generation - advanced composites for wind and solar infrastructure.
- New Energy Vehicle Composites - lightweight solutions for battery protection systems and structural parts.
- NEV Components - integrated material systems for electric mobility.
- New Material Applications - innovative uses across electronics, construction, and chemical environmental protection.


IPO Details

The company plans to raise approximately RMB 3.981 billion through its public offering. Proceeds will fund the expansion of glass fiber and composite material production bases, the development of a manufacturing facility in Spain, and enhancements to R&D and digital infrastructure.

With its vertically integrated capabilities, proprietary technology, and early-mover position in green materials, Zhenshi New Materials is poised to reinforce its role as a key enabler of the global clean energy transition. 文章来源：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16920.html