---
title: "KAN: The holding subsidiary plans to apply for termination of listing"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/237822453.md"
description: "KAN announced that its holding subsidiary Zhejiang Kaifeng New Materials Co., Ltd. intends to apply for termination of its listing. Kaifeng New Materials has a registered capital of 58 million yuan, and the company holds 60% of its shares. As of March 31, 2025, Kaifeng New Materials has total assets of 611 million yuan, net assets of 437 million yuan, operating income of 140 million yuan, and net profit of 8.2427 million yuan. After the termination of the listing, Kaifeng New Materials will continue to strengthen its operational management and technical level to promote stable development"
datetime: "2025-04-28T10:38:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/237822453.md)
  - [en](https://longbridge.com/en/news/237822453.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/237822453.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/237822453.md) | [English](https://longbridge.com/en/news/237822453.md)


# KAN: The holding subsidiary plans to apply for termination of listing

KAN announced that its holding subsidiary, Zhejiang Kaifeng New Materials Co., Ltd., intends to voluntarily apply for the termination of its stock listing on the National Equities Exchange and Quotations. Kaifeng New Materials has a registered capital of RMB 58 million, and the company holds 34.8 million shares, accounting for 60% of the registered capital. As of March 31, 2025, Kaifeng New Materials had unaudited total assets of RMB 611 million, net assets of RMB 437 million, operating income of RMB 140 million, total profit of RMB 9.6005 million, and net profit of RMB 8.2427 million. After the termination of the listing, Kaifeng New Materials will continue to strengthen its operational management capabilities and professional technical level, maintain standardized operations, and promote sustainable and stable development

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