The IPO of OpenMind Wealth Management was terminated, ranking first in the market for solutions in the field of emerging bank wealth management.

On September 22nd, Beijing Open Knowledge Technology Co., Ltd. (referred to as Open Knowledge) had its IPO on the Shenzhen Stock Exchange ChiNext Board terminated. This was due to Open Knowledge and the sponsor withdrawing their application for listing. In accordance with the "Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (2024 Revision)" Article 62, the Shenzhen Stock Exchange decided to terminate the review for its listing. The prospectus shows that Open Knowledge is a digital transformation technology and product provider with deep expertise and leading advantages in the fields of wealth management and payment settlement. During the reporting period, it mainly provided software development, technical services, operation and consulting services in areas such as wealth management, financial markets, payment settlement, and intelligent digital customer service to banks and other financial institutions. According to data from the Ministry of Industry and Information Technology's CCID Research Institute (China Electronic Information Industry Development Research Institute), in 2022, Open Knowledge ranked first in the market in the emerging field of bank wealth management business solutions, and its payment settlement business solutions belong to the top tier in the industry. In the field of wealth management business solutions, key participants include Open Knowledge, Hundsun Technologies Inc., Shenzhen Kingdom Sci-Tech, CNCBI, among others. Open Knowledge is one of the few companies that can provide comprehensive wealth management business solutions, covering all aspects from product investment research analysis, business management, product management, risk management, information disclosure to regulatory reporting. In the payment settlement business solutions field, the market is relatively fragmented with many participants. According to the data from the Ministry of Industry and Information Technology's CCID Research Institute, top-tier vendors include CNCBI, iSoftStone Information Technology, ChinaSoft International, Fincera Inc., Open Knowledge, Digital China Information Service Group. Open Knowledge can provide comprehensive payment settlement business solutions covering the entire business chain from front to back end, ensuring the efficient and secure operation of payment settlement business while supporting expansion to more business scenarios and innovation in payment settlement business development. Financially, in the fiscal years 2020, 2021, 2022, and January-June 2023, Open Knowledge achieved revenues of approximately 284 million, 372 million, 454 million, and 196 million RMB respectively, with net profits of 33.23 million, 51.64 million, 62.48 million, and 5.868 million RMB.