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Shaoxing Xingxin New Materials Co successfully debuted on the main board of the Shenzhen Stock Exchange on Dec 21, marking the 100th listed company in Shaoxing.

With Xingxin New Materials' listing, the total number of listed enterprises in Shaoxing has reached 100, with 80 companies listed on the domestic A-share market, securing the city the third position among similar cities nationwide.

Xingxin New Materials is a globally leading producer of pyridine derivatives, boasting a comprehensive pyridine derivative industry chain. The company possesses strong competitive advantages in terms of the variety and large-scale production of pyridine series products.

In recent years, the revenue and profits of A-share manufacturing companies in Shaoxing accounted for approximately 50 percent of the total revenue and profits of the city's large-scale industrial enterprises.

Among these companies, 23 are leading enterprises in their respective national sub-sectors, nine are global industry leaders, and 11 have been included in the 2022 China Top 500 Private Enterprises.