Zhuzhou Kenei is controlled by Chairman Zhao Kefeng and his wife, holding 64%, both holding Australian permanent residency rights, with his younger brother and sister listed as shareholders.

Ruicai Jing Wang Min On May 11, according to the official website of the Shanghai Stock Exchange, Zhuzhou Keno New Materials Co., Ltd. (hereinafter referred to as “Zhuzhou Keno”)’s IPO on the Sci-Tech Innovation Board has been accepted for review. The sponsor is ShenGang Securities, and the sponsor representatives are Ye Hua and She Feifei.

The prospectus shows that Zhuzhou Keno was established in January 2001. Its principal business is the R&D and production of compound semiconductors, as well as the synthesis of core key base materials required for target materials such as ITO and IGZO.

In terms of performance, in 2023, 2024, and 2025, Zhuzhou Keno’s operating revenue was 6.09 billion yuan, 7.87 billion yuan, and 10.27 billion yuan, respectively; net profit attributable to shareholders of the parent company was 39.4653 million yuan, 70.7419 million yuan, and 128 million yuan, respectively.

Before the IPO, Zhao Kefeng and his wife, Tang Yan, each directly held 23.74% and 2.93% of the company’s shares, respectively, and controlled 27.05% of the company’s shares by holding 100% equity interest in Keno Advanced. In addition, Zhao Kefeng serves as the executive affairs partner of two platforms, Zhuzhou Kailian and Zhuzhou Xinliancheng. Through Zhuzhou Kailian, he indirectly controls 6.01% of the company’s shares; through Zhuzhou Xinliancheng, he indirectly controls 1.31% of the company’s shares.

In summary, the combined proportion of the company’s shares directly and indirectly controlled by Zhao Kefeng and Tang Yan is 61.05%, and they are the company’s joint actual controllers. In addition, Zhao Kefeng’s younger brother, Zhao Kexiang, and his younger sister, Zhao Xiaojing, respectively hold 2.78% and 0.19% of the company’s shares. They have a relationship of persons acting in concert with Zhao Kefeng and Tang Yan; therefore, Zhao Kefeng, Tang Yan, and their persons acting in concert together control 64.01% of the company’s shares.

Zhao Kefeng was born in December 1972, is a Chinese national, and has obtained permanent residency in Australia. He holds a graduate degree. From July 1993 to January 2001, he worked at Zhuzhou Hard Alloy Group. From January 2001 to July 2021, he worked at Keno Limited, serving as executive director and general manager. From July 2021 to present, he has served as the company’s chairman and general manager.

Tang Yan was born in October 1975, is a Chinese national, and has obtained permanent residency in Australia.