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LONDIAN WASON NEW ENERGY TECH INC.: Global Copper Foil Leader Londian Wason Announces Pricing of Upsized Initial Public Offering
['Pr Newswire']
FinanzNachrichten.de: News
In addition, Londian Wason has granted the underwriters a 30-day option to purchase up to an additional approximately 642,857 ADSs from Londian Wason at the initial public offering price, less underwriting discounts and commissions.
In 2025, the Company supplied approximately 111,985 metric tons of LiB copper foil, maintaining the world's largest annual sales volume.
Londian Wason was the first copper foil manufacturer in China to successfully develop 6µm high-strength LiB copper foil and the first in the world to achieve mass production of 6µm copper foil.
It is also the first in China to successfully develop ultra-thin 4µm LiB copper foil and the first in the world capable of mass-producing high-tensile strength 4µm LiB copper foil.
Net income for FY2025 reached RMB20.315 million (approximately US$2.905 million), while Adjusted EBITDA reached RMB868.851 million (approximately US$124.244 million).