上市捷报丨沙利文助力Graphjet Technology与Energem Corp.通过SPAC合并方式成功登陆纳斯达克

Graphjet Technology(hereinafter referred to as 'Graphjet"") andENERGEM CORP (NASDAQ:ENCP)local time2024year3month7The company was listed on NASDAQ for a merger. After the merger is completed, the new entity will be located atNasdaq Global MarketWith the new stock code “GTI"Trade common stocks, and at “"GTIWW”Trading warrants.GraphjetWith world-leading patented technology, it can produce single-layer graphene and synthetic graphite from palm kernel shells generated during the production of palm oil through recycling. It is a global leader in the production of graphene and graphite using innovative biomass materials. Frost & SullivanFrost & SullivanFrost & Sullivan, referred to below as 'Frost & Sullivan', has provided independent third-party valuation advisory services for this merger and acquisition. We hereby extend warm congratulations on the successful completion of the transaction and its listing.

GraphjetYu2024year3month7Special Purpose Acquisition CompanyENERGEM CORP.The business was merged and successfully listed on NASDAQ, with a market value of approximately13.8billion dollars.

During the business integration process, Frost & Sullivan mainly undertook the following tasks: evaluating, uncovering, and supporting objective market and enterprise dataGraphjetCompetitive advantages and value, andGraphjetThe consolidated business is valued, and an independent global graphene market research report is issuedGraphjetValuation reports. As well as assisting exchanges, regulatory authorities, and investors with feedback inquiries and responses to independent market research reports and valuation reports. Based on Frost & Sullivan's forGraphjetThe future revenue forecast for the Graphite and Graphene business, and based on a comparison with peer companies, under neutral assumptions, Frost & Sullivan forGraphjetThe valuation is about12billion dollars.

Investment highlights

Guanjie Technology is located at2019Established in Kuala Lumpur in [year], its unique positioning is to become a leading producer of graphene and graphite materials, possessing the most advanced graphene and graphite manufacturing technology;

The technology that converts palm kernel shells into graphene and graphite materials while applying for a patent eliminates common waste in palm oil production;

The first carbonization plant is expected to open in Kuantan District, Malaysia;

Compared to other sources of graphene raw materials, the expected material cost is lower;

MITMIT) has collaborated with multiple universities in Malaysia and has become a member of the Industry Liaison Programme (ILPMembers of (

Frost & Sullivan has long been monitoring the global and Chinese graphite and graphene industries, publishing a large number of research reports that are widely cited in the prospectuses of leading listed companies in the industry, helping clients accelerate growth.

Industry position

Guanjie Technology is a global leader in graphite and graphene, producing graphite and graphene from palm kernel shells generated during the production of palm oil through recycling. It has successfully obtained the world's first patented technology in this field.

Based on the large-scale production of palm kernel shell graphite, Guanjie Technology can produce products with higher quality and lower prices than those available on the market.80%Graphite and graphene products, with an annual forecast from3Produced from 10,000 tons of dried palm kernel waste110,000 tons of graphite and60Tons of graphene. Due to the recyclable nature of palm kernel shells, Guanjie Technology's carbon dioxide emissions throughout the entire graphite production process are only2.95The carbon dioxide equivalent per kilogram is far lower than the industry average.

Overview of the Graphene Market

Graphene refers to a single-layer carbon atom sheet composed of hexagonal repeating patterns, with this paper being only one atom thick. Currently, graphene is mainly used in the electronics and energy industries. With5GWith the development of technologies such as graphene technology, graphene, as a good thermal dissipation material, has been widely used in high-end electronic products. In the energy industry, graphene can be used as a conductive additive to improve the conductivity of batteries.

Due to the high manufacturing cost and technical difficulty of graphene, its penetration rate in the industry is currently low. Technically, the main challenges with graphene include its purity, area, and storage. Currently, the technical difficulty and cost constraints limit the commercialization of graphene.2021The global graphene market size in 2023 is12.6billion dollars, compared to2017year2.5billions, with an annual compound growth rate of49.8%, with rapid growth. It is expected that by2026In the year, the global graphene market size was79.1billion dollars, compared to2021In the year, its annual compound growth rate was35.7%In the future, with the maturation of graphene preparation technology, the demand for graphene in industries such as aerospace, automotive, and biomedicine will be further unleashed.

Global graphene market size (10 billion US dollars)

2017year-2026annual forecast

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Frost & Sullivan awarded Frost & Sullivan Technology Leadership and Innovation Awards to Guanjie Technology for its 'Global Graphite and Graphene Industry Technology Innovation' and 'Global Graphite and Graphene Industry Leadership'.

View the prospectus

Frost & Sullivan has extensive research experience in the chemical and materials industries, assisting well-known companies in successfully accessing capital markets. Successful listings include: Jihai Resources (2489.HK), Zhongbao New Materials2439.HK), Shengneng Group2459.HK), Jinli Yongci (6680.HK),Avia Avian（IDX: AVIA), Global New Materials6616.HK), Dafeng Equipment2153.HK), Yihai International8659.HK),GHW（9933.HK), Sanhe Refining0301.HK), Xingyu Holdings2346.HK), Xinghe Holdings1891.HK), Xuyang Group1907.HK), Dragon Resources1712.HK), Shandong Gold (1787.HK), Henan Jinma6885.HK), Xingye New Materials8073.HK), Dongguang Chemical Industry1702.HK), Zhongqi Group1932.HK), Xinbang Holdings1571.HK), Meigu Technology8349.HK), Huajin International2738.HK), Filtre glass6865.HK), Dinos (1452.HK), Caike Chemical1986.HK), Chang'an Renheng8139.HK), Sansida1337.TWSE), Borun IndustryBORN.NYSE), Kangpeng ChemistryCPC.NYSE), Gushan GroupGU.NYSE), Tianhe Chemical Industry1619.HK), Yihua Holdings2121.HK), Sijia Group1863.HK) etc.