On February 10, Anhui Linping Circular Development Co., Ltd. (hereinafter "Linping Development") officially debuted on the main board of the Shanghai Stock Exchange. It is Anhui's first listed company of the year. As of now, Anhui has 187 A‑share listed companies, ranking seventh nationwide.

Linping Development, located in Shengquan Town, Xiaoxian County, was established in 2002. The company focuses on R&D, production and sales of corrugated paper and containerboard for packaging, and operates as a resource‑comprehensive enterprise integrating waste‑paper utilization, cogeneration and green papermaking.

Having cultivated the papermaking industry for more than 20 years, Linping Development has established considerable recognition in the circular papermaking field. Its "Linping" trademark has been named a China Well‑Known Trademark and an Anhui Famous Trademark. The company has been honored as one of Anhui's Top 100 Private Manufacturing Enterprises, among the Top 50 Private Tax Contributors in Anhui, a Beautiful Anhui Brand Demonstration Enterprise, an Anhui Technology Innovation Demonstration Enterprise, and a national specialized and sophisticated "Little Giant" that produce novel and unique products—strengthening its core competitiveness through green circular development and technological innovation.

According to reports, Linping Development intends to use the funds raised from this IPO for the "900,000‑ton/year green and environmentally friendly intelligent manufacturing new‑materials project (Phase II)" and the "600,000‑ton/year bio‑based fiber green intelligent manufacturing new‑materials project." Once these invested projects are completed and put into production, they will further strengthen the company's scale advantages and help increase market share and industry influence.

Notably, Linping Development is the second listed company from Suzhou City, Anhui Province. On August 28, 2024, Anhui Jialiqi Advanced Composites Technology Co., Ltd. listed on the Shenzhen Stock Exchange, filling the gap for locally listed companies in Suzhou and helping Anhui achieve full coverage with listed companies across all 16 prefecture‑level cities.

In the past year of 2025, Anhui’s capital market construction delivered an impressive performance. The province added five new listed companies—ranking sixth nationwide—and saw 23 companies listed on the New Third Board (NEEQ), ranking fourth in the country. The provincial regional equity market’s cultivation role accelerated: two incubated companies were transferred to exchange listings, and 15 “green channel” firms received NEEQ listing letters—the highest number nationwide.

Source: Anhuinews.com