Xinxing Tools (Stock Code: 301677) will land on ChiNext board on July 30, 2026.

Xinxing Tools is publicly offering 25 million shares, including 25 million IPO shares offered at 33.58 yuan per share and raising funds of 840 million yuan. The post-public-offering share capital of Xinxing Tools is 100 million shares in total. Zhejiang Xinxing Tools Co., Ltd. principally engages in the research and development, production, and sale of drilling tool products in hole machining tools. In 2025, its operating income reached 512 million yuan with the net profit of 197.6085 million yuan.