Group 1 - The core viewpoint of the news is that the China Securities Regulatory Commission has approved the initial public offering (IPO) registration of Gude Electric Materials System (Suzhou) Co., Ltd., which plans to raise 1.17571 billion yuan on the Shenzhen Stock Exchange's ChiNext board [1] Group 2 - Gude Electric Materials focuses on the research, development, production, and sales of thermal runaway protection components for new energy vehicle power batteries and electrical insulation products, providing customized solutions [3] - The company's main products include thermal runaway protection components for new energy vehicle power batteries and electrical insulation products, with sales of thermal runaway protection components continuously increasing, becoming the primary source of revenue growth during the reporting period [3]