The China Securities Regulatory Commission has approved Changyou Technology's IPO registration.

On December 12th, the China Securities Regulatory Commission issued a reply approving the initial public offering of shares by Jiangsu Changyou Environmental Protection Technology Co., Ltd. It is reported that Changyou Technology plans to list on the ChiNext board of the Shenzhen Stock Exchange, with Haitong Securities as the IPO sponsor, aiming to raise 763 million yuan. The prospectus shows that Changyou Technology is mainly engaged in the research, development, production, and sales of high-polymer composite materials products and lightweight sandwich materials products, including wind turbine nacelle covers for the wind power sector, lightweight sandwich materials used in wind blade production, nacelle molds, and components for rail transit vehicles. With rich experience in the application of high-polymer composite materials and lightweight sandwich materials, the company focuses on the supporting needs of emerging industries, continuously promotes product innovation, optimizes product structure, improves production base layout, expands product application fields, and forms a diversified structure covering wind power generation, rail transit, and other sectors. The wind turbine nacelle products cover all mainstream models in the domestic market, with production bases in Jiangsu, Hebei, Hunan, Inner Mongolia, Yunnan, and other areas, establishing a good business layout that radiates the national market.