Zhong Guo Jing Ji Wang·2025-09-26 06:33Group 1 - The Beijing Stock Exchange's listing committee approved the IPO of Hangdongguang Communications Technology (Shenzhen) Co., Ltd., marking the 54th company to pass the review this year [1] - Hangdongguang's main business includes the research, production, and sales of passive optical fiber cabling products and related components, operating within the optical communication industry [1][2] - The company plans to issue up to 19.27385 million shares, with a fundraising target of approximately 493.6329 million yuan for various expansion projects and working capital [2] Group 2 - The actual controller of Hangdongguang is Chen Jianwei, who holds significant indirect control over the company through his stakes in Ruifa Trade and Ruichuang Industrial [2] - Chen Jianwei's total indirect shareholding amounts to 45.69%, giving him control over 65.27% of the voting rights, which allows him to influence major company decisions [2] Group 3 - The review meeting raised inquiries regarding the authenticity of the company's operating performance, including the necessity and reasonableness of transactions with AFL, and the reasons behind significant inventory growth [3] - Questions were also posed about the company's R&D expenses, their decreasing trend, and whether the qualifications of core technical personnel align with industry standards [3]