CSRC website shows Liyang Tianmu Xiandao Battery Materials Technology Co., Ltd.
filed IPO counseling registration with the Jiangsu bureau on Sept. 1, 2026 to
pursue an initial public offering; sponsor is CITIC Securities. The counseling
filing says no single shareholder holds more than 10pct and the company has no
controlling shareholder. Luo Fei directly holds 2.34pct, controls 19.08pct via
holding platforms, and directly and indirectly controls 21.42pct, making him the
company’s actual controller.