Camerry New Material Tech, a Chinese manufacturer of customized nylon filament products, filed on Tuesday with the SEC to raise up to $6 million in an initial public offering.
Operating through subsidiary Fujian Jiayi Chemical Fiber, the company manufactures customized nylon filament products, specializing in the research and development and manufacturing of elastic nylon functional yarn.
The Fuzhou, China-based company was founded in 1999 and booked $16 million in revenue for the 12 months ended March 31, 2025. It plans to list on the Nasdaq under the symbol CNMT. Camerry New Material Tech filed confidentially on December 3, 2024. Cathay Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
