Core Viewpoint - The article highlights that Yushu Technology Co., Ltd. has completed its IPO counseling work and is expected to submit its IPO application soon, marking a record for the listing process of hard technology companies in less than four months since the counseling began on July 18, 2025 [2]. Group 1: Company Overview - Yushu Technology Co., Ltd. is preparing to apply for its initial public offering (IPO) in China, with CITIC Securities acting as the counseling institution [3]. - The counseling agreement was signed on July 7, 2025, and the work was conducted in accordance with relevant regulations [3]. Group 2: Counseling Work Conducted - The counseling work included comprehensive training for personnel on regulatory knowledge, promoting understanding of responsibilities and obligations as a public company [3]. - The company was urged to establish a governance structure that meets modern enterprise standards and enhance legal awareness and integrity among its personnel [4]. - The counseling team verified the legality and effectiveness of the company's establishment, equity transfers, capital increases, and asset evaluations [4][5]. - The team also ensured that the company operated independently and established sound internal decision-making and control systems [5]. Group 3: Issues Identified and Improvements - Initially, the company's fundraising project planning was not finalized, but the counseling team assisted in determining a feasible fundraising direction based on industry trends and competitive advantages [6]. - The company lacked independent directors and specialized board committees at the start of the counseling period, but by the end, it had appointed three independent directors and established necessary committees [7]. Group 4: Counseling Effectiveness - The counseling plan was effectively executed, with both CITIC Securities and the company fulfilling their responsibilities diligently [8]. - The company established a governance structure compliant with public company requirements, ensuring independent operation of its board and management [9]. - The company developed comprehensive management systems covering various operational aspects, ensuring compliance and risk control [9]. Group 5: Understanding of Securities Market - Under the guidance of the counseling institution, the company and its personnel have gained a solid understanding of the legal regulations and responsibilities related to public offerings and compliance [10]. - The personnel are now well-informed about the characteristics and requirements of different segments of the multi-tiered capital market [11]. Group 6: Conclusion - CITIC Securities concludes that Yushu Technology Co., Ltd. possesses the necessary governance structure, accounting foundation, and internal control systems to qualify as a public company [12].
宇树科技完成IPO辅导!
Wind万得·2025-11-15 02:05