Zhong Guo Jing Ji Wang·2025-09-02 02:31Core Viewpoint - The Shanghai Stock Exchange has decided to terminate the review of the initial public offering (IPO) application for Zhejiang Zhengtai Aneng Digital Energy Co., Ltd. (referred to as "Zhengtai Aneng") on the Shanghai Main Board [1][3]. Company Overview - Zhengtai Aneng focuses on the household photovoltaic sector, with four main business areas: sales of household photovoltaic system equipment, cooperation in building household photovoltaic power stations, sales of household photovoltaic power stations, and after-sales service and operation maintenance for household photovoltaic power stations [3]. - The controlling shareholder of Zhengtai Aneng is Zhengtai Electric, which directly holds 152,500,000 shares and indirectly holds 3,888,000 shares through Changcheng Venture Capital, totaling 64.13% of Zhengtai Aneng's total share capital [3][4]. Shareholding Structure - As of the signing date of the prospectus, Zhengtai Electric directly holds 62.54% of Zhengtai Aneng's shares and indirectly holds 1.59% through Changcheng Venture Capital, totaling 64.13% [4]. - Nan Cunhui directly holds 3.45% of Zhengtai Electric and controls 53.00% of Zhengtai Electric through Zhengtai Group and New Energy Investment [4]. IPO Details - Zhengtai Electric originally planned to publicly issue no less than 270,937,715 shares, accounting for at least 10.00% of the total share capital after issuance [4]. - The intended fundraising amount was 600 million yuan, allocated for projects including household photovoltaic power station cooperation, information platform construction, working capital supplementation, and bank loan repayment [4][5]. Investment Projects - The total investment for the household photovoltaic power station cooperation project is 591,040.68 million yuan, with 500 million yuan intended for use [5]. - The information platform construction project has an investment of 20.524 million yuan, with 20 million yuan planned for use [5]. - The total investment across all projects amounts to 691,564.92 million yuan, with 600 million yuan intended for use [5].