百菲乳业IPO终止

Core Viewpoint - The Shanghai Stock Exchange has decided to terminate the review of Guangxi Baifei Dairy Industry Co., Ltd.'s initial public offering (IPO) application, which was submitted for listing on the Shanghai main board [1] Group 1: IPO Application Details - The IPO application for Baifei Dairy was accepted on June 13, 2025, and the first round of inquiries was received on July 10, 2025, but no responses were published [1] - Baifei Dairy and its sponsor, Guorong Securities Co., Ltd., submitted applications to withdraw the IPO application, leading to the termination of the review process by the Shanghai Stock Exchange [1] Group 2: Company Ownership Structure - Baifei Investment holds 145,587,353 shares, accounting for 87.97% of the total share capital before the issuance, making it the controlling shareholder of the company [2] - Wu Shouyun, who owns 99.5875% of Baifei Investment, directly holds 0.2512% of the company's shares and serves as the chairman and general manager, significantly influencing shareholder decisions [2] - Wu Lianqiao, the son of Wu Shouyun, directly holds 0.1674% of the company's shares and plays an important role in operational decision-making, making both Wu Shouyun and Wu Lianqiao the actual controllers of the company with a combined control of 88.39% of the shares [2] Group 3: Company Business Focus - Baifei Dairy primarily engages in the research, production, and sales of dairy products and milk-containing beverages, including sterilized milk, modified milk, fermented milk, pasteurized milk, and milk-containing drinks [2]