[News] China’s Chip Materials Drive Intensifies as Photoresist Leader Red Avenue Seeks Hong Kong IPO
China’s semiconductor push is moving deeper into critical photoresist materials, spotlighting emerging domestic champions. According to ijiwei, Red Avenue New Material Group (RAChem) filed for listing on the Hong Kong Stock Exchange on February 13. As the report highlights, in the first nine months of 2025 the company ranked first among Chinese suppliers by sales…