Xinde New Materials is a developer of asphalt series products, through carbon fiber spinnable asphalt, XD asphalt series, lithium battery negative electrode coating materials and other products. Taking science and technology as the forerunner, the company produces lithium battery negative electrode coating materials and carbon fiber spinnable pitch, replacing imported products. Xinde New Materials was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange today. The company’s stock code is 301349, the issue price is 138.88 yuan per share, and the issue price-earnings ratio is 78.39 times.
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