Changchun Up Optotech (002338.SZ) joint venture company Changguang Chenxin withdrew its application for an IPO on the Science and Technology Innovation Board.

Changchun Up Optotech (002338.SZ) announced that its affiliated company Changchun Changguang Chenxin Microelectronics Co., Ltd. (referred to as "Changguang Chenxin") has applied for its initial public offering of shares and listing on the Science and Technology Innovation Board. The application was accepted by the Shanghai Stock Exchange on June 30, 2023. Recently, Changguang Chenxin, based on future development strategies and other considerations, applied to withdraw its application for the initial public offering of shares and listing on the Science and Technology Innovation Board to the Shanghai Stock Exchange. On January 7, 2025, Changguang Chenxin received a decision from the Shanghai Stock Exchange to terminate the review process for its initial public offering of shares and listing on the Science and Technology Innovation Board. The Shanghai Stock Exchange decided to terminate the review process for Changguang Chenxin's initial public offering of shares and listing on the Science and Technology Innovation Board.