Zhong Guo Jing Ji Wang·2025-11-02 08:00Core Points - The Beijing Stock Exchange has decided to terminate the review of Kunlun Lian Tong Technology Development Co., Ltd.'s initial public offering (IPO) and listing application [1][2] Company Overview - Kunlun Lian Tong is a professional IT infrastructure solution provider, offering IT infrastructure solutions, IT operation and maintenance services, and IT value-added supply services tailored to the different development stages of enterprises [2] - The company’s IT infrastructure solutions include digital office solutions, cloud computing solutions, and information security solutions [2] IPO Details - Kunlun Lian Tong originally planned to issue no more than 24 million shares (including the base number, excluding the over-allotment option) in the IPO [3] - The company intended to raise approximately 458.44 million yuan (approximately 45.84 million) for business expansion, service system construction, intelligent operation and maintenance platform upgrades, and research and development center construction projects [4][5] - The total investment for the planned projects is 458.44 million yuan, with specific allocations as follows: - Business expansion and service system construction project: 272.07 million yuan - Intelligent operation and maintenance platform upgrade project: 100.32 million yuan - Research and development center construction project: 86.05 million yuan [5]