Good Bochuang Control's application for an IPO on the Shenzhen Stock Exchange main board has been "terminated".

On May 10, Shenzhen Haobo Window Control Technology Co., Ltd. (referred to as Haobo Window Control) had its IPO application on the Shenzhen Stock Exchange's main board changed to "terminated." Due to the withdrawal of the IPO application by Haobo Window Control and its sponsor, the Shenzhen Stock Exchange decided to terminate the IPO review process in accordance with the Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (revised in 2024), Article 62. The prospectus shows that Haobo Window Control is a research-driven provider of system door and window control devices and overall solutions, with its main business being the research, production, and sale of system door and window control devices, as well as providing overall solutions for system doors and windows. During the reporting period, the company's main products include door and window control devices, intelligent door and window control products, and STORO system door and window solution products, targeted at home door and window manufacturers. The company has built product brands such as Wehag, HOPO, iHandle, HESE, and HOPO essential, covering different levels of demand in the high, medium, and low-end markets for door and window manufacturers, primarily in the home door and window market. During the reporting period, the sales channels covered over 5,000 door and window manufacturers nationwide, with key customers including Moser, Xinhaoxuan, Paiya, Fuxuan, Xuenisi, Yihe, Feiyu, Huangpai, Milan Windows, Anger, Warren, and Youton, well-known domestic door and window manufacturers. In terms of finances, in the 2020, 2021, and 2022 financial years, Haobo Window Control achieved operating revenues of approximately 459 million yuan, 668 million yuan, and 800 million yuan respectively; during the same periods, the company achieved net profits of 50.3035 million yuan, 56.3611 million yuan, and 90.5574 million yuan respectively.