--- title: "News: TSAKER NE's spin-off TSAKER Technology has been approved for listing on the Beijing Stock Exchange" type: "News" locale: "en" url: "https://longbridge.com/en/news/287588279.md" description: "TSAKER NE Technology Co., Ltd. announced the spin-off of its subsidiary TSK Technology to be listed on the Beijing Stock Exchange, which has been approved. TSK Technology will issue 7.9748 million new shares at an offering price of RMB 30.28 per share, expecting to raise approximately RMB 241 million. TSKER NE holds about 67.99% equity in TSK Technology, which will decrease to approximately 60.41% after the public offering. The company's stock price opened lower on Tuesday at HKD 0.95, down 0.52%" datetime: "2026-05-26T06:10:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287588279.md) - [en](https://longbridge.com/en/news/287588279.md) - [zh-HK](https://longbridge.com/zh-HK/news/287588279.md) --- # News: TSAKER NE's spin-off TSAKER Technology has been approved for listing on the Beijing Stock Exchange New energy materials supplier **TSAKER NE Technology Co., Ltd.** (1986.HK) announced on Tuesday that its subsidiary TSK Technology has been approved by the Beijing Stock Exchange for listing, which was granted on Monday (25th). According to the public offering plan, TSK Technology will issue 7.9748 million new shares, accounting for approximately 11.15% of the expanded share capital, with an issue price set at RMB 30.28 per share, expecting to raise approximately RMB 241 million (USD 35 million). TSAKER NE stated that as of May 2026, the company, through its wholly-owned subsidiary TSK Hong Kong, will hold approximately 67.99% of TSK Technology's equity. After the public offering is completed, the shareholding ratio will decrease to approximately 60.41%, but TSK Technology will still be its subsidiary. TSK Technology mainly engages in electronic chemicals and new energy materials-related businesses, while TSKER NE primarily focuses on dyes, pesticide intermediates, and new energy materials products. In recent years, the company has actively expanded its new energy materials sector and promoted the independent listing of related businesses. TSAKER NE's stock price opened lower on Tuesday, reporting HKD 0.95 at noon, down 0.52%, with the stock having risen approximately 20% year-to-date. _Li Shida_ ### Related Stocks - [01986.HK](https://longbridge.com/en/quote/01986.HK.md) ## Related News & Research - [Tsaker New Energy Tech Wins Full Shareholder Backing at AGM](https://longbridge.com/en/news/287215043.md) - [IVORY COAST COCOA REGULATOR HAS RAISED PREMIUM TO £125 PER TON FROM ZERO, SOURCES SAY](https://longbridge.com/en/news/288450613.md) - [Asia Naphtha/Gasoline-Naphtha margin gains; gasoline at $20/bbl](https://longbridge.com/en/news/288406442.md) - [Tesla's Chinese-made EV sales rise 39.4% in May](https://longbridge.com/en/news/288415038.md) - [BYD records first sales increase in eight months](https://longbridge.com/en/news/288396671.md)