On May 21, the Shanghai Stock Exchange issued a notice on the termination of Guangdong Dapu The decision of Communication Technology Co., Ltd. (hereinafter referred to as "Dapu Technology") to issue shares for the first time and go public on the Science and Technology Innovation Board.

Recently, Dapu Technology and sponsors Haitong Securities A joint stock limited company applies to the Shanghai Stock Exchange to withdraw the application documents. In accordance with relevant regulations, the Shanghai Stock Exchange decided to terminate the review of the company's initial public offering and listing on the Science and Technology Innovation Board.  

Since its establishment, Dapu Technology has focused on the R&D, production and sales of clock products in the field of emerging infrastructure core equipment and intelligent terminals. It has built a full clock product chain covering all levels of high stability clocks and a variety of clock chips. It is one of the few manufacturers in the world that has the ability to provide high stability clock products and overall clock solutions in a large-scale manner.

According to the prospectus, from 2020 to 2022, Dapu Technology realized revenue of 137 million yuan, 266 million yuan and 317 million yuan respectively; The net profits attributable to the owners of the parent company were 12.4754 million yuan, -14.6503 million yuan and 42.2372 million yuan respectively.

As of the signing date of this prospectus, Chen Bao Huawei Controlling shareholder and actual controller of Dapu Technology.

Chen Baohua directly holds 18324717 shares of the Company, with a direct shareholding ratio of 29.4926%. He indirectly holds 3045.85 million shares, 606.22 million shares and 339.16 million shares of the Company through Yitong Partnership, Fu'an Partnership and Enpu Partnership, with an indirect shareholding ratio of 0.4902%, 0.9667% and 0.0546% respectively. The total shares held directly and indirectly account for 31.0040% of the total share capital of the Company before the issuance, It is the largest shareholder of Dapu Technology.  

Chen Baohua directly holds 29.4926% of the corresponding voting rights of the company's shares, and indirectly controls 6.0333%, 2.1014% and 0.8222% of the company's shares respectively by acting as the executive partner of Yitong Partnership, Fu'an Partnership and Enpu Partnership. Chen Baohua controls 38.4495% of the corresponding voting rights of the company's shares in total.

According to the data, Chen Baohua, born in 1978, Chinese, without permanent residency abroad, has a master's degree. Graduated from Hong Kong University of Science and Technology EMBA in 2012. He once held the post BYD From 2003 to 2005, he worked as the general manager of Guangzhou Big General Letter Equipment Co., Ltd; From 2005 to November 2021, he worked in Dapu Co., Ltd. as a director, executive director and chairman successively; From November 2021 to now, he has served as the chairman and general manager of Dapu Technology.  

The prospectus shows that in 2022, Chen Baohua, the chairman and general manager, will earn an annual salary of 3.9865 million yuan.