Group 1 - Canon Technology (佳能科技) has withdrawn its IPO application for the Beijing Stock Exchange, which was previously in a "suspended" review status since June 30, 2025 [1] - The company aimed to raise 248 million yuan through its IPO for projects including an industrial vibration damping safety system, energy-saving heat transfer equipment manufacturing, a research and development center, and working capital [1] - The company experienced a significant decline in performance, reporting a revenue of 120 million yuan in the first half of 2023, a year-on-year decrease of 34.37%, and a net profit of 10.34 million yuan, down 57.74% year-on-year [1] Group 2 - Canon Technology was established in 1998 and focuses on the research, design, production, and sales of energy-saving and environmentally friendly heat exchange equipment and pipeline support products [3] - The company was listed on the New Third Board in August 2019 and is controlled by its chairman, Yang Liyong, who holds 61.23% of the voting rights [3] - The company’s metal products revenue has significantly decreased, with reported revenues of 32.68 million yuan, 13.29 million yuan, 4.77 million yuan, and 0.31 million yuan over the reporting periods, primarily from sales to Shandong Qihe Biotechnology Co., Ltd. [3][4] Group 3 - Canon Technology has engaged in the production of sterilization culture racks, which are essential for Shandong Qihe's operations in the edible fungus industry, requiring precise standards and automation capabilities [4] - The company assisted a client in obtaining a loan for operational needs, which involved a contract worth approximately 25.05 million yuan for the sale of culture and sterilization racks [5] - Canon Technology holds a minor stake in Zibo Zichuan Rural Commercial Bank, with its actual controller serving as a supervisor at the bank [5]