Core Viewpoint - Chongqing Zhixin Industrial Co., Ltd. is set to undergo its initial public offering (IPO) on the Shanghai Stock Exchange, aiming to raise approximately 1.33 billion yuan for capacity expansion and working capital [1] Group 1: IPO Details - The Shanghai Stock Exchange's listing review committee will convene on November 6, 2025, to review the IPO application of Chongqing Zhixin Industrial Co., Ltd. [1] - The company plans to raise 132,948.85 million yuan through its IPO [1] Group 2: Fund Allocation - The raised funds will be allocated to the following projects: - Capacity expansion and technological upgrades for welding production lines, with a total investment of 102,948.85 million yuan [2] - Breakdown of the welding production line projects includes: - 37,524.28 million yuan for the Chongqing base [2] - 19,278.98 million yuan for the Ningbo base [2] - 46,145.59 million yuan for the Anhui base [2] - An additional 30 million yuan will be used to supplement working capital [2] Group 3: Shareholding Structure - Zhixin Industrial is controlled by Zhixin Yanshu, which holds 37.07% of the shares directly and an additional 18.87% indirectly, totaling 55.94% control [2] - The actual controllers, Chen Zhiyu and Jing Bing, hold a combined 83.75% of the voting rights, significantly influencing company decisions [2]

Group 1 - In September, 11 new companies were listed in the domestic market, raising a total of 11.689 billion yuan [1] - Two companies were delisted in September [1] - Since the beginning of the year, there have been 11 new A+H share companies and over 70 domestic companies listed overseas [1] Group 2 - As of September, there are 1,835 Chinese concept companies listed in major overseas markets [1]

Group 1 - As of August 31, 2025, there are 5,435 listed companies in China's domestic stock market, with 2,286 on the Shanghai Stock Exchange, 2,875 on the Shenzhen Stock Exchange, and 274 on the Beijing Stock Exchange [2] - Among the listed companies, 5,195 are A-share companies, 8 are B-share companies, and 232 have multiple share types such as A+B and A+H [2] - State-controlled companies account for 27% of the total, while non-state-controlled companies make up 73% [2] Group 2 - The total market capitalization of listed companies in the domestic market reached 104.16 trillion yuan, the highest point in nearly four years [3] - The electrical, electronic, and communication sectors have a total market capitalization of 22.19 trillion yuan, surpassing the financial sector since July [3] - There are 160 companies with a market capitalization exceeding 100 billion yuan, representing nearly 3% of the total number of companies and over 40% of the total market capitalization [3] Group 3 - In August, 8 new companies were listed, raising a total of 6.463 billion yuan, with no companies delisted [3] - Since the beginning of the year, 11 A+H share companies have been added, and over 70 domestic companies have listed overseas [3] - There are 1,831 Chinese concept companies listed in major overseas markets [3]