Zijiang Enterprise Plans To Spin Off Subsidiary Zijiang New Materials For Listing On Shanghai Stock Exchange’s STAR Market

According to publicly available information, as of early March 2026, Zijiang Enterprise (600210) has the following noteworthy developments:

Company project advancement

On February 20, 2026, Zijiang Enterprise announced its intention to split its subsidiary, Shanghai Zijiang New Materials Technology Co., Ltd., to list on the Sci-Tech Innovation Board, and to initiate the process of introducing strategic investors. After the completion of this issuance, Zijiang Enterprise will still maintain control over Zijiang New Materials. The plan aims to focus on core businesses and enhance competitiveness in the lithium battery aluminum-plastic film sector.

Progress of related party transactions

On January 6, 2026, affiliated party Zijiang Group won a residential land parcel in Minhang District, which the market interprets as potentially offering future business synergy opportunities, though specific integration plans have not yet been announced.

Other routine events, such as the release of financial reports (the most recent being the Q3 2025 report) or guarantee matters (e.g., the subsidiary guarantee disclosed on January 31, 2026), have been completed on a phased basis. There is currently no publicly available information indicating any new material events in the near term. Investors are advised to refer to announcements on the Shanghai Stock Exchange or the Company’s official website for the latest updates.

The above content is compiled from publicly available information and does not constitute investment advice.