Venture(US:VEMLY) Sou Hu Cai Jing·2025-08-09 07:33Core Viewpoint - Zhongxing Micro Technology Co., Ltd. has submitted an application for initial public offering (IPO) and listing on the Sci-Tech Innovation Board, with the application accepted by the Guangdong Securities Regulatory Bureau on August 8, 2025, and the counseling institution being Galaxy Securities [1] Group 1: IPO Application and Counseling - The counseling agreement between Zhongxing Micro Technology and Galaxy Securities was signed on July 30, 2025 [3] - Other participating service institutions include Beijing Zhonglun Law Firm and Lixin Certified Public Accountants [3] - Zhongxing Micro Technology previously applied for an IPO in 2018 but withdrew its application in December 2020 due to business development plans [4] Group 2: Company Background and Financials - Zhongxing Micro Technology, established in 2007, specializes in AI chip design technology and provides solutions in various sectors including public safety and smart energy [4] - In 2019, the company reported revenue of 1.994 billion yuan and a net profit of 225.7 million yuan [5] - The company's major shareholder is Duilong Zhongxing Micro Management Consulting Co., Ltd., holding a 20.24% stake [7]