Jia De Li relies on "a membrane" to earn 700 million annually, with the Fujian cousins holding 95% of the shares backed by family IPO

JiaDeLi Electronic Materials Co., Ltd. focuses on the research, development, production, and sales of BOPP electrical films and is expected to conduct an IPO on the Shanghai Stock Exchange. The company derives 95% of its revenue from a single product, BOPP electrical films, which are primarily used in film capacitors and lithium batteries. The funds from the IPO will be used to establish a new production base and supplement working capital to address capacity bottlenecks and optimize the financial structure