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Congratulations to Londian Wason(FOIL) on its NYSE debut and this important milestone in its continued global expansion

By on August 31, 2026
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Huatai Securities (USA) congratulates Londian Wason New Energy Tech Inc. (NYSE: FOIL) on its successful debut on the New York Stock Exchange.

Londian Wason priced its initial public offering of 4,285,714 American Depositary Shares (“ADSs”) at $22.00 per ADS, the top end of the marketed price range, representing total gross proceeds of approximately $94.3 million before the exercise of the underwriters’ over-allotment option. The transaction represents the largest U.S. IPO by a Chinese issuer in 2026 to date.

Huatai Securities (USA) is proud to have served as a Joint Bookrunner for the offering.

Londian Wason is a global leader in the research, development and manufacturing of high-performance electrolytic copper foil, a critical material supporting the continued advancement of electric vehicles, energy storage, consumer electronics and next-generation computing infrastructure. According to Frost & Sullivan, Londian Wason was the world’s largest lithium battery copper foil supplier by sales volume in 2025, with a global market share of 7.6%.

The successful NYSE listing marks an important milestone in Londian Wason’s continued growth and global expansion, providing the company with access to the international capital markets as it further advances material innovation and strengthens its global presence.

Huatai Securities (USA), together with the broader Huatai international platform, was pleased to support Londian Wason throughout its IPO journey. The transaction reflects Huatai’s continued commitment to connecting leading Chinese companies with global investors and delivering integrated, cross-border capital markets solutions.

Congratulations again to the Londian Wason team on this important milestone. We look forward to supporting the company in its next chapter of growth as a NYSE-listed company.

 

 


By on August 31, 2026
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