Xin Lang Cai Jing·2025-09-21 09:31Core Viewpoint - Weibang Sports Technology Group Co., Ltd. has initiated the listing guidance process with Guotai Junan Securities as the advisory institution, indicating a move towards an initial public offering (IPO) [1] Group 1: Company Information - The controlling shareholder of Weibang Sports is Zhejiang Weibang Holdings Co., Ltd., which holds 58.48% of the shares [1] - The company submitted its application for the initial public offering and listing on the main board to the China Securities Regulatory Commission (CSRC) on May 18, 2023 [1] Group 2: IPO Process - The application for the IPO was terminated on February 14, 2025, due to the issuer's strategic considerations regarding future development, leading to the withdrawal of the application submitted to the Shanghai Stock Exchange [1]