Zhong Guo Jing Ji Wang·2025-06-28 08:07Core Viewpoint - The Shenzhen Stock Exchange has decided to terminate the review of Zhejiang Changcheng Mixing Equipment Co., Ltd.'s application for an initial public offering (IPO) and listing on the Growth Enterprise Market [1][3]. Group 1: Company Overview - Changcheng Mixing is a high-tech enterprise specializing in the research, development, production, sales, and service of mixing equipment, customizing products based on customer needs to meet specific application requirements [3]. - As of the signing date of the prospectus, the company has no controlling shareholder [4]. Group 2: Shareholding Structure - A group of seven individuals, including Yu Peiqing and Jin Youxiang, collectively holds 90.47% of the company's shares, with direct holdings of 89.42% [4]. - Yu Peiqing and others have signed a concerted action agreement, which remains effective until three years after the company's IPO and listing [4]. Group 3: IPO Details - The company originally planned to issue no more than 45 million shares, accounting for at least 25% of the total share capital post-issue [5]. - The intended fundraising amount was approximately 434.05 million yuan, aimed at expanding production capacity and establishing a research and development center [5][6]. Group 4: Project Investment - The total investment for the mixing equipment production expansion project is approximately 380.19 million yuan, with 374.25 million yuan expected to be funded from the IPO proceeds [6]. - The research and development center construction project has a total investment of about 70.29 million yuan, with 59.79 million yuan planned to be raised from the IPO [6].