Editing by Greg Gao

Peric Special Gas (派瑞气体), a major electronic specialty gases supplier, plans to initiate IPO process in China's A-share market, according to filed information to CSC Financial, the company's pre-listing tutoring institution.

The company was ranked 8th among global electronic specialty gases suppliers in 2019 with its 40-year history in the field. Its NF3 and WF6 products have a 95% domestic market share and over 30% global market share.

Peric Special Gas, based in Handan, northern China's Hebei Province, went through several rounds of financing, with its investors including National IC Industry Investment Fund, China Venture Capital, Huadian Gaintime, CSSC, China Shipping Investment Development, according to Chinese enterprise information query database Tianyancha.

Peric Special Gas has been dedicated to the development and production of electronic specialty gases; It successfully developed high-purity NF3 in 2000, which filled China's gaps in this field, winning several awards.

After years of technological innovation, Peric's electronic specialty gases lineup has evolved from one low-purity product to 36 kinds of products with 99.99% (or higher) purity. Its products portfolio currently covers NF3, WF6, D2, alkanes, and other 30-odd specialty gases.