On June 28th, the Shanghai Stock Exchange released the announcement of the results of the 44th review meeting of the Municipal Party Committee on the Science and Technology Innovation Board in 2021, and Zhongzi Environmental Protection Technology Co., Ltd. (hereinafter referred to as the "Company")'s application for initial public offering (IPO) was approved.

      The company was founded in 2005 and is a high-tech enterprise specializing in the research and development, production, and sales of environmental protection catalysts. It is one of the few major domestic manufacturers in the field of exhaust treatment catalysts for mobile pollution sources (motor vehicles, non road machinery, ships, etc.) in China, and actively explores the application of its technology in new energy fields such as hydrogen fuel cell electrocatalysts. At present, the company is involved in the field of carbon neutrality technology innovation and has participated in the "Synthesis Technology and Batch Preparation of High Performance Anti Poisoning Fuel Cell Catalysts for Vehicles" project of the national key research and development program "Renewable Energy and Hydrogen Energy Technology". In December 2020, the company was approved; National Enterprise Technology Center;.

      From 2018 to 2020, the company achieved operating revenues of 336 million yuan, 1.001 billion yuan, and 2.577 billion yuan respectively. The company plans to raise 1.46 billion yuan this time, which will be used for projects such as the New Catalyst Intelligent Manufacturing Park, the Intelligent Manufacturing Industrial Park for Automotive Aftertreatment Devices, the National VI B and above emission standard catalyst research and development capacity building project, the hydrogen energy fuel cell key material research and development capacity building project, and supplementary working capital.

      Since its establishment 16 years ago, the company has never forgotten its original intention of becoming a leader in the Chinese industry and a world leader, and has always kept in mind its mission of "treating air pollution and realizing the dream of blue skies and white clouds". It continues to increase research and development investment in the fields of air quality standards, carbon emissions peak, and carbon neutrality, and has overcome and mastered core technologies to achieve independent and controllable key technologies, solve the "bottleneck" problem, and build Zhongzi Environmental Protection into an internationally leading environmental catalyst brand.