Kinco Automation( Shanghai) (SH:688160) Shang Hai Zheng Quan Bao·2025-11-26 17:36Core Points - The company has received a notice from Guotai Junan Securities regarding the replacement of its continuous supervision sponsor representatives [1][2] - The continuous supervision period for the company's initial public offering (IPO) project has ended on December 31, 2023, but the company has not yet fully utilized the raised funds [1] - The new sponsor representatives appointed are Wu Kaicheng and Qin Guoliang, with Wu Kaicheng replacing Chen Hui due to work changes [2][3] Summary by Sections - Change of Sponsor Representatives - The change in sponsor representatives will not alter the conclusions of previously issued documents by the sponsor institution and representatives [2] - The company expresses gratitude to Chen Hui for his contributions during the supervision period [2] - Background of New Representative - Wu Kaicheng is currently a deputy administrative head in the TMT industry department at Guotai Junan Securities and has a strong background in IPO projects [3] - He has been involved in multiple IPOs and refinancing projects, demonstrating a solid track record in compliance with relevant regulations [3]