Zhong Guo Jing Ji Wang·2025-12-13 06:56Core Viewpoint - Guangdong Meiya Tourism Technology Group Co., Ltd. (referred to as "Meiya Technology") has passed the initial public offering (IPO) review by the Beijing Stock Exchange, marking it as the 93rd company approved for listing this year [1]. Group 1: Company Overview - Meiya Technology is a well-known provider of comprehensive travel solutions in China, operating three main business segments: Meiya Aviation Travel, Meiya Business Travel, and Meiya Travel [1]. - The company offers digital travel services covering air ticketing, business travel management, and incentive travel [1]. Group 2: IPO Details - Meiya Technology plans to issue up to 19.8422 million shares, with a potential total of 22.8185 million shares if the overallotment option is fully exercised [2]. - The company aims to raise approximately 199.995 million yuan for projects related to intelligent travel business and management system development, as well as international business expansion [2]. Group 3: Shareholding Structure - As of the signing date of the prospectus, the company's shareholding structure is dispersed, with no single shareholder holding more than 50% of the shares, indicating the absence of a controlling shareholder [2]. - The actual controllers of the company include Wu Junxiong, Chen Peigang, Chen Lianjiang, and Cai Jiewen, with Guangzhou Travel Investment Partnership recognized as a concerted actor of Wu Junxiong [2]. Group 4: Review Opinions - The review committee raised inquiries regarding the stability of the company's performance, urging the issuer to explain future business growth potential in relation to industry trends, new technologies, market competition, and the company's strengths and weaknesses [3]. - Questions were also raised about the operational independence of the company, particularly concerning financial risks associated with other enterprises controlled by the actual controllers [3].