MAS(SZ:300275) Ju Chao Zi Xun·2025-06-13 02:44Core Points - Meiansen submitted an application to the Shenzhen Stock Exchange on February 14, aiming to raise up to 180 million yuan through a private placement, with the net proceeds intended to enhance working capital and improve financial structure [2] - Meiansen is a high-tech enterprise in the field of safety, possessing a complete technology and product chain, focusing on smart mining safety monitoring and control, utilizing technologies such as IoT, AI, and cloud computing [2] - On June 12, Meiansen announced the termination of its application for the private placement, following a board decision on June 9 to withdraw the application due to various considerations including market conditions and company strategy [2][3] Company Overview - Meiansen has capabilities in ITSS operation services and is engaged in the development of smart mining safety solutions [2] - The company leverages advanced technologies like 2D/3D GIS, virtual reality, and UWB to expand its applications in multiple sectors [2] Recent Developments - The decision to withdraw the application was made after thorough communication and analysis among relevant parties, considering the current market environment and the company's strategic direction [3]