Texxon Holding

General Information
Business:

We are a holding company. ((Incorporated in the Cayman Islands)

We do business through our operating subsidiary, Zhejiang Net Plastic Technology Co., which started its business in Yuyao, China, in 2011.

We offer more than 3,600 plastic and chemical SKUs. Our intention to be a one-stop shop to expedite procurement for our network of 2,213 suppliers and 3,528 customers.

We are a leading provider of supply chain management services in East China, servicing customers in the plastics and chemical industries in China. Through our technology-enabled platform, we provide a full spectrum of services to Chinese SME customers, including but not limited to, procurement, shipping and logistics, payments and fulfillment services. To address the extensive need from SMEs in China for more stable sources of supply, lower procurement costs, higher product quality, and enhanced risk management in the plastics and chemical markets in China, we aspire to build the largest one-stop plastic and chemical raw material supply chain management platform in China, to streamline the complex and labor-intensive raw material procurement process in the plastics and chemical industries and make it more convenient, cost-effective, and efficient for our customers. We believe that our platform has the capacity to help streamline and optimize operational processes of market participants, enhance sustainability and resilience in the entire supply chain, and create a dynamic ecosystem where stakeholders can engage in transactions with ease and efficiency.

Note: Net income and revenue are for the year that ended June 30, 2024.

(Note: Texxon Holding filed its F=1 on March 31, 2025, and disclosed the terms – 2.0 million shares at a price range of $4.00 to $5.00 – to raise $9.0 million.)

Industry: WHOLESALE CHEMICALS & ALLIED PRODUCTS
Employees: 143
Founded: 2011
Contact Information
Address 703, Block A, 1799 Wuzhong Road, Minhang District Shanghai, China, 200335 Tel: +86 574-62629970
Phone Number +86 574-62629970
Web Address http://www.npt-cn.com/
View Prospectus: Texxon Holding
Financial Information
Market Cap $99.0mil
Revenues $673.0 mil (last 12 months)
Net Income $2.5 mil (last 12 months)
IPO Profile
Symbol NPT
Exchange NASDAQ
Shares (millions): 2.0
Price range $4.00 - $5.00
Est. $ Volume $9.0 mil
Manager / Joint Managers D. Boral Capital (ex-EF Hutton)
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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