Lin Ping's development of an IPO on the Shanghai Stock Exchange has been "inquired about." The current production capacity of raw paper is 1.2 million tons.

According to the Wise Finance APP, on July 23rd, Anhui Linping Circular Development Co., Ltd. (referred to as "Linping Development") submitted an application to the Shanghai Stock Exchange for the main board listing review. The status has been changed to "inquiry received", with Minsheng Securities as its sponsor, aiming to raise 1.2 billion yuan.