Core Insights - Shanghai Suyuan Technology Co., Ltd. has disclosed the progress of its IPO counseling work, with the counseling institution being China International Capital Corporation (CICC) [1] - The IPO counseling started on August 26, 2024, and the current counseling period is from January 1, 2025, to March 31, 2025 [1] - The report indicates that the fundraising targets and project feasibility are still under continuous verification [1] Group 1 - The fundraising will focus on the artificial intelligence and integrated circuit industries, aligning with the company's core competitiveness and strategic development [1] - The counseling institution is conducting compliance checks on the eligibility of shareholders and incentive personnel, ensuring the legality and compliance of the shareholding structure [2] - The founder and CEO, Zhao Lidong, has a strong background in electronics and computing, having held senior positions at AMD and other companies [3]