How long will it take for Tianhe Magnetic Materials ipo Express to go public?

Tianhe Magnetic Materials ipo Express will take another year to go public. As an advanced supplier of high-performance rare earth permanent magnet materials in China, Baotou Tianhe Magnetic Materials Technology Co., Ltd. (hereinafter referred to as Tianhe Magnetic Materials) pre-disclosed and updated its prospectus on the main board of Shanghai Stock Exchange on March 2 1. Tianhe Magnetic Materials focuses on the requirements of green energy, high energy efficiency, lightweight equipment and miniaturization of devices in the downstream new energy vehicles and auto parts, wind power generation, energy-saving household appliances, 3C consumer electronics and other terminal areas, and provides customers with key functional materials such as sintered NdFeB and sintered samarium cobalt. It is worth noting that during the reporting period, Trina Magnetic Materials' income increased but its profit did not increase, and the proportion of government subsidies to the total profit in the same period was also high. In addition, the proportion of funds raised for replenishment is high. After a lapse of half a year, a fund-raising project of 270 million yuan was suddenly added to the pre-disclosed and updated prospectus.