Welcome to our dedicated page for Texxon Holding news (Ticker: NPT), a resource for investors and traders seeking the latest updates and insights on Texxon Holding stock.
Texxon Holding Limited (Nasdaq: NPT) is described as a leading provider of technology-enabled supply chain management services for the plastics and chemical industries in East China, and its news flow reflects this focus. Company announcements highlight how Texxon serves Chinese SME customers with procurement, shipping and logistics, payments, and fulfillment services for plastics and chemical raw materials, while also investing in upstream manufacturing capacity.
Recent news has emphasized Texxon’s financial performance and strategic direction. The company has reported fiscal year results that discuss revenue contributions from basic chemicals and plastic particles, along with a stated shift in sales and marketing efforts toward sectors such as automotive, new energy, and chemical industries. Management commentary in these releases explains how Texxon prioritizes business scale and long-term customer relationships, even when this affects short-term margins.
Another key theme in Texxon’s news is the development of the Henan Polystyrene Factory, a 600,000-ton annual capacity polystyrene manufacturing project in Henan Province, China. Press releases describe construction progress, safety and regulatory milestones, and the company’s view that this project will shift its operating structure from a primarily trading-based model to an integrated model combining supply chain services with manufacturing capabilities.
In addition, Texxon’s news includes capital markets updates, such as the pricing and closing of its initial public offering on the Nasdaq Capital Market under the ticker NPT and the full exercise of underwriters’ over-allotment options. Visitors to this page can review company-issued updates on earnings, strategic initiatives in plastics and chemicals, regulatory and safety developments related to the Henan Polystyrene Factory, and equity offering milestones in one place.
Texxon Holding (Nasdaq: NPT) announced completion of key safety and regulatory milestones for its 600,000-ton annual polystyrene project in Henan and said the plant has entered final operational readiness, with production expected in early 2026. Texxon completed the industry "Three Checks, Four Fixes" pre-commissioning program and filed its Major Hazard Installation Safety Assessment Report on Dec 10, 2025. A subsidiary obtained the required Hazardous Chemicals Operating License, enabling commercial sale and distribution. Management said the project shifts the company toward an integrated manufacturing plus digital supply chain model, aiming to improve gross margins and earnings quality.
Texxon (Nasdaq: NPT) reported fiscal year ended June 30, 2025 results with revenue $797.15M, up 18.5% from $672.66M a year earlier. Revenue growth was driven by an 88.5% increase in plastic-particle sales to $272.39M and a 1.5% rise in basic-chemical sales to $524.64M. Gross profit was $4.70M (0.6% margin) versus $4.82M (0.7% margin) prior year. Texxon recorded a net loss $1.45M versus net income $2.51M in FY2024.
Cash and equivalents rose to $2.52M from $0.27M; net cash provided by operating activities improved to $2.32M from a $30.80M outflow. Investing cash used was $42.25M, and financing provided $41.36M. The company completed an IPO in October 2025 raising gross proceeds of $10.925M and began trading under NPT. Henan polystyrene factory is scheduled to start production in Q4 2025.
Texxon Holding (Nasdaq: NPT) announced that its IPO underwriters fully exercised the over-allotment option to buy an additional 285,000 ordinary shares at $5.00 per share, bringing gross proceeds to $10,925,000 before underwriting discounts and expenses.
The ordinary shares began trading on the Nasdaq Capital Market on October 22, 2025. The Offering was conducted on a firm commitment basis with D. Boral Capital as sole book-running manager. The Form F-1 registration (File No. 333-281530) was declared effective by the SEC on September 30, 2025.
Texxon Holding (Nasdaq: NPT) closed its initial public offering on October 23, 2025, selling 1,900,000 ordinary shares at $5.00 per share for aggregate gross proceeds of $9.5 million before underwriting discounts and offering expenses.
The ordinary shares began trading on the Nasdaq Capital Market on October 22, 2025 under ticker NPT. The underwriters hold an over-allotment option for up to 285,000 additional shares at the public offering price less discounts.
Net proceeds are planned for: (i) construction and expansion of a Henan polystyrene factory including production lines and storage; (ii) updating the company’s supply chain management platform; and (iii) working capital. D. Boral Capital acted as sole book-running manager. The SEC declared the Form F-1 effective on September 30, 2025 (File No. 333-281530).
Texxon Holding (Nasdaq:NPT) priced an initial public offering of 1,900,000 ordinary shares at $5.00 per share for aggregate gross proceeds of $9.5 million, with an underwriter over-allotment option for up to 285,000 additional shares. The ordinary shares are approved to begin trading on the Nasdaq Capital Market on October 22, 2025, and the Offering is expected to close on or about October 23, 2025, subject to customary closing conditions.
Net proceeds are intended for: (i) construction and expansion of a Henan polystyrene factory, (ii) updating the supply chain management platform, and (iii) working capital. The Offering is on a firm commitment basis with D. Boral Capital LLC as sole book-running manager.
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