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2022

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09

Our company submits a prospectus on the Hong Kong Stock Exchange and plans to go public in Hong Kong IPO

On June 17, 2022, Wuhan Youji Holdings Ltd. (hereinafter referred to as "Wuhan Youji") from Hubei submitted a prospectus on the Hong Kong Stock Exchange and planned to go public on the main board of Hong Kong.


On June 17, 2022, Wuhan Youji Holdings Ltd. (hereinafter referred to as "Wuhan Youji") from Hubei submitted a prospectus on the Hong Kong Stock Exchange and planned to go public on the main board of Hong Kong.

Wuhan Youji Prospectus Link:
https://www1.hkexnews.hk/app/sehk/2022/104532/documents/sehk22061701748_c.pdf

Main business

Wuhan Youji, as a leading supplier of toluene derivatives in China and the global market, has been developing business for more than 70 years, mainly focusing on the manufacture of toluene oxidation and chlorination products, benzoic acid ammoniated products and other fine chemical products.
According to the Frost & Sullivan Report, Wuhan Organic is the largest producer of benzoic acid and sodium benzoate and the second largest producer of benzyl alcohol in China in terms of sales revenue in 2021, accounting for 57.2% of the total market revenue in China in 2021, 41.3% and 25.8%. In the global market, Wuhan Organic ranks second among benzoic acid manufacturers and sodium benzoate manufacturers, and ranks third among benzoic acid alcohol manufacturers, accounting for 33.8%, 23.4% and 14.7% of the total global market revenue, respectively. .
As of the Latest Practicable Date, Wuhan Organic's home-made product portfolio mainly includes five toluene oxidation products, two toluene chlorination products, two benzoic acid ammoniation products and more than 20 other fine chemical products with broad market applications. Sold to more than 70 countries and regions.