Fu Ling Stock, Yutian Guanjia IPO submitted for registration

On November 4th, Fulink Technology Co., Ltd. (hereinafter referred to as Fulink) applied for a change in the IPO review status on the Shenzhen Stock Exchange main board to "Submitted for Registration," with Dongxing as the sponsoring institution, aiming to raise 661 million yuan. On the same day, Shanghai Yutian Guanjia Technology Co., Ltd. (hereinafter referred to as Yutian Guanjia) applied for a change in the IPO review status on the Shenzhen Stock Exchange SME board to "Submitted for Registration," with Guotai Junan Securities as the sponsoring institution, aiming to raise 575 million yuan. The prospectus shows that Fulink is a high-tech enterprise mainly engaged in the research, development, production, and sales of plastic tableware and biodegradable tableware materials. The company's products mainly include plastic and biodegradable tableware, such as knives, forks, spoons, straws, cups, plates, cup lids, packaging boxes, packaging bowls, paper products (paper cups, paper straws), etc. The company's products can be used for dining in restaurants and for takeaway, providing convenience and speed, belonging to the fast-moving consumer goods sector. According to the prospectus, Yutian Guanjia is an automotive motion parts manufacturer with automotive sunroofs as its main product. The company has the capability of designing, researching, and producing automotive sunroofs in an integrated manner, mainly serving well-known domestic and foreign automotive manufacturers in China and some overseas vehicle manufacturers, providing professional and systematic comprehensive solutions for various automotive sunroofs and other automotive motion parts. It is an excellent first-tier supplier of automotive components. The company's main clients currently include Chongqing Changan Automobile, FAW Group, GEELY AUTO, Guangzhou Automobile Group, SAIC Volkswagen, Great Wall Motor, and Chery Automobile, among other well-known domestic vehicle manufacturers.