AI Company Brand Engagement Network will be backdoor listed
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On September 8, it was reported that Brand Engagement Network, an artificial intelligence (AI) company, would go public by backdoor listing and "IPO in the United States" through merger with a special purpose acquisition company (SPAC). (Associated Press of Finance and Economics)
Inspur is expected to have a listing plan in 2025
On September 7, it was reported that at the sub forum of "integration of data and reality, new momentum of industry digitalization" held at the 2023 Inclusion · The Bund Conference, Xu Hongwei, executive vice president of Inspur Group, said that "Inspur has developed rapidly, and its performance has reached the top three in the subdivided fields in five or six years, and there will be an IPO listing plan in about 2025". Inspur Zhuoshu Big Data Industry Development Co., Ltd., founded in 2017, is a fast growing big data company under Inspur Group. (Associated Press of Finance and Economics)
The fourth paradigm passed the Hong Kong Stock Exchange listing hearing
According to HKEx documents, on September 7, Beijing Fourth Paradigm Intelligent Technology Co., Ltd. passed the hearing of HKEx, with CICC as the sole sponsor. According to the post hearing data set, the company's revenue mainly comes from the Prophet platform and products, application development and other services. In the three months ended March 31, 2023, the company's revenue increased by 33.6% year-on-year to 644.4 million yuan. (Interface)
Termination of IPO review of Toppon New Energy Growth Enterprise Market
On September 7, the Shenzhen Stock Exchange disclosed that on August 29, 2023, Shaoxing Toppong New Energy Co., Ltd. submitted to the Shenzhen Stock Exchange the Application of Shaoxing Toppong New Energy Co., Ltd. for Withdrawing the Application Documents for IPO and Listing on the GEM. Shenzhen Stock Exchange decided to terminate the review of Shaoxing Toppong New Energy Co., Ltd.'s IPO and listing on the GEM. (per network)
Tianjin Tongrentang GEM IPO audit terminated
On September 7, Shenzhen Stock Exchange issued the decision on terminating the review of Tianjin Tongrentang Group Co., Ltd.'s IPO and listing on the GEM. On September 6, Tianjin Tongrentang submitted an application to Shenzhen Stock Exchange for withdrawing the IPO and listing on the GEM. According to relevant regulations, the Shenzhen Stock Exchange decided to terminate the review of the company's IPO and listing on the GEM. (Interface)
Reway shares will be listed on the main board of Shanghai Stock Exchange on September 11
On September 8, the Shanghai Stock Exchange issued an announcement on the listing and trading of RMB ordinary shares of Hangzhou Rewei Electric Heating Technology Co., Ltd. Reway shares will be listed and traded on the main board of Shanghai Stock Exchange. The company's A-share capital is 400010000 shares, of which 38.80418 million shares will be listed and traded from September 11, 2023. (Company announcement)
Fersa Technology will be listed on the GEM on September 11
On September 8, Shenzhen Stock Exchange issued an announcement on the listing of Wuhu Fersa Technology Co., Ltd. Fersa Technology will be listed on the GEM of Shenzhen Stock Exchange on September 11, 2023. The total number of RMB ordinary shares of the company is 84.83721 million shares, of which 19185474 million shares have been listed since the listing date. Fersa Technology is a high-tech enterprise focusing on the R&D, production and sales of automotive interior parts. It is the champion enterprise specialized in special and new products in Anhui Province. Its main products include interior functional parts and decorative parts. (Company announcement)
