Core Viewpoint - JIAYUAN Technology Co., Ltd. has withdrawn its IPO application, leading to the termination of its review for listing on the Shenzhen Stock Exchange's Growth Enterprise Market [1][3] Group 1: Company Overview - JIAYUAN Technology was established in May 2014 and is located in Nanjing, Jiangsu Province, with a registered capital of approximately 148 million yuan [5] - The company focuses on providing IoT terminal products and digital solutions in the smart power sector, enhancing the perception, communication, and data processing capabilities of power terminal devices and systems [7][8] Group 2: IPO Details - The company submitted its prospectus in September 2022, aiming to raise 911 million yuan for various projects, including the R&D and industrialization of smart power IoT terminal products and communication modules [3][4] - The total investment for the planned projects amounts to approximately 911 million yuan, with specific allocations for R&D and working capital [4] Group 3: Financial Performance - JIAYUAN Technology's revenue for 2020, 2021, and 2022 was approximately 248 million yuan, 528 million yuan, and 581 million yuan, respectively, with net profits of about 26.9 million yuan, 89.3 million yuan, and 91.8 million yuan [8] - The company's total assets as of December 31, 2022, were approximately 845.6 million yuan, with a debt-to-asset ratio of 42.15% [9] - The contribution of smart power IoT terminals to revenue was approximately 62.50%, 55.77%, and 47.02% for the years 2020, 2021, and 2022, respectively [9]