CSRC approves Fuleng Group's IPO registration on the Shenzhen Stock Exchange.

On November 22, the China Securities Regulatory Commission announced that it has approved the initial public offering of shares by Fullink Technology Co., Ltd. (referred to as Fullink). It is reported that Fullink intends to be listed on the Shenzhen Stock Exchange, with Dongxing as the IPO sponsor, aiming to raise 661 million yuan. According to the prospectus, Fullink is a high-tech enterprise mainly engaged in the research, development, production, and sales of plastic tableware and biodegradable tableware materials. The company is a leading manufacturer of plastic tableware in China. Its main products include plastic and biodegradable tableware, such as knives, forks, spoons, straws, cups, plates, cup lids, takeaway boxes, takeaway bowls, etc. The company's products are mainly sold to the North American market, and have passed product quality certification in major markets. The products are sold in the United States, China, Canada, Central and South America, and other countries and regions, with extensive and stable customer channel resources. The company's main direct or end customers include McDonald's, Wendy's, KFC, Burger King, CHABAIDAO, and BaWang Tea Princess, among many other well-known domestic and foreign enterprises.