Core Viewpoint - Zhejiang Xinxing Technology Co., Ltd. (referred to as "Xinxing Technology") faced a delay in its IPO review on January 16, marking the first delayed IPO project for the three major exchanges in 2026 [1][2]. Group 1: Company Overview - Xinxing Technology specializes in the research, production, and sales of computer embroidery machines [1][2]. - The company’s IPO was accepted on June 26, 2025, and entered the inquiry stage on July 23 of the same year [1][2]. - Xinxing Technology aims to raise approximately 449 million yuan through this IPO [1][2]. Group 2: Regulatory Requirements - The listing committee requested the sponsoring institution and the reporting accountant to further investigate all sales customers with "cross-border foreign exchange payment capabilities," including agreements and execution regarding fund payments and business expenses [1][2]. - The committee also required Xinxing Technology to disclose details about borrowing from subsidiaries to implement fundraising projects and to ensure effective control over the use of raised funds to prevent interest transfer and protect the interests of the company and minority investors [1][2]. - Additionally, the committee inquired about the authenticity and sustainability of the company's operating performance and the implementation of fundraising projects through its controlling subsidiaries [1][2].
2026年首家!信胜科技IPO遭暂缓审议
Xin Lang Cai Jing·2026-01-16 13:43