Core Viewpoint - Shanghai Shanyuan Electronic Technology Co., Ltd. is preparing for an initial public offering (IPO) on the Beijing Stock Exchange after previously withdrawing its application for the ChiNext board due to increased performance standards [1] Company Overview - Shanyuan Technology focuses on intelligent mining information communication, power management and control, and visual monitoring, providing comprehensive solutions including planning design, system delivery, and operational optimization [1] - The company aims to promote digital transformation and intelligent development in the mining industry [1] IPO History - The company submitted an IPO application for the ChiNext board in June 2023 but withdrew it in July 2024 [1] - The withdrawal was attributed to the new "National Nine Articles" which raised performance standards for ChiNext listings, making the company's performance relatively small compared to other companies under review [1]