Core Viewpoint - Liu Xin Industrial Co., Ltd. has completed its IPO counseling filing with the Shenzhen Securities Regulatory Bureau, indicating a move towards public listing [1] Group 1: Company Overview - Liu Xin Industrial was established in 2003 with a registered capital of 85.432 million yuan and is a subsidiary of Shenzhen Capital Operation Group Co., Ltd., which holds a 51% stake [1] - The company specializes in the production of PCB cover pads and electronic materials, making it one of the early players in this sector in China [1] Group 2: Leadership - The chairman of Liu Xin Industrial is Xu Laping, born in 1978, who holds a Ph.D. in economics from Jinan University and has held various strategic roles in Shenzhen Yuan Zhi Investment Co., Ltd. [2] - The vice chairman and general manager is Yang Liu, born in 1970, who has a background in technology and has previously founded and managed several companies in the electronics sector [2] Group 3: Historical Context - Liu Xin Industrial was previously listed on the New Third Board but terminated its listing in 2018 [2]