赛英电子过会：今年IPO过关第99家 东吴证券过5单

Group 1 - The core point of the article is that Jiangyin Saiying Electronics Co., Ltd. has been approved for listing on the Beijing Stock Exchange, marking it as the 99th company to pass the review this year [1] - The company specializes in the research, manufacturing, and sales of key components for power semiconductor devices, including ceramic shells and packaging heat dissipation substrates, and is recognized as a national high-tech enterprise [1] - The underwriting institution for Saiying Electronics is Dongwu Securities Co., Ltd., which has successfully sponsored five IPO projects this year [1] Group 2 - As of the signing date of the prospectus, the major shareholders include Chen Guoxian with 33.94%, his spouse Qin Jing with 20.00%, and their daughter Chen Beilu with 4.63%, collectively controlling 79.87% of the voting rights [2] - Saiying Electronics plans to raise 27 million yuan for new production facilities, capacity enhancement projects, a new research and development center, and to supplement working capital [2] Group 3 - The independent director Huang Zhenyu's qualifications were questioned due to his involvement with a private equity product, prompting a request for verification from the underwriting institution and the issuer's lawyer [3] Group 4 - Key inquiries raised during the review include concerns about the potential decline in gross margin for the packaging heat dissipation substrate business, the stability of customer relationships, and the effectiveness of corporate governance regarding the appointment of independent directors [4]