Zhong Guo Jing Ji Wang·2025-12-25 03:20Core Viewpoint - The Shanghai Stock Exchange's listing review committee approved the initial public offering (IPO) of Shiya Technology Co., Ltd., marking it as the 102nd company to pass the review this year, contributing to a total of 57 companies from the Shanghai and Shenzhen stock exchanges and 45 from the Beijing Stock Exchange [1]. Group 1: Company Overview - Shiya Technology is a provider of micro-display solutions, with its core product being silicon-based OLED micro-displays, and it offers value-added services including strategic product development and optical systems [2]. - The company plans to publicly issue no more than 100 million shares, aiming to raise approximately 2.014 billion yuan, which will be allocated for the expansion of high-resolution silicon-based OLED micro-display production lines and the establishment of a research and development center [3]. Group 2: Shareholding Structure - As of the signing date of the prospectus, Shanghai Jishan directly holds 140.523136 million shares, accounting for 15.61% of the total share capital, and has significant voting power due to special voting rights arrangements [3]. - The actual controller of the company is Gu Tie, who holds 100% of the shares of the controlling shareholder Shanghai Jishan, allowing him to control 29.36% of the company's shares [3]. Group 3: Underwriting and Market Context - The underwriting institution for Shiya Technology is Guotai Junan Securities Co., Ltd., marking the 13th successful IPO project for the firm this year [2]. - The company is entering a competitive market with potential growth driven by the development of XR technologies and the demand for micro-display solutions [4].