"Zhengyang Technology, a colorful new media company, has changed its status of IPO review on the Shenzhen Stock Exchange to 'terminated (withdrawn)'"

On July 19th, the Shenzhen Stock Exchange website showed that the IPO review status of Zhengyang Technology and Colorful New Media has been "terminated (withdrawn)" due to the withdrawal of the company and the sponsor's application for listing. In accordance with Article 62 of the Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (Revised in 2024), the Shenzhen Stock Exchange has decided to terminate the review of their IPO. According to the prospectus, Zhengyang Technology is a global automotive parts and assembly supplier dedicated to continuous innovation and development in the field of automotive electronics and key components, and actively participates in global market competition. The company focuses on the research, development, production, and sales of various sensors, urea tank assemblies, and related components for SCR post-treatment, with a vertically integrated product system including urea tank assemblies, urea level sensors, urea quality sensors, and other accessories. The company's customer network covers major commercial vehicle manufacturers, engine system suppliers, non-road mobile machinery companies, and shipbuilding companies worldwide, and has obtained first-tier supplier qualification for over 100 major manufacturers globally. Colorful New Media, authorized exclusively by Guizhou Radio and Television Station, operates independently in the business of IPTV integrated playback control services in Guizhou province. The company's IPTV services include live streaming, on-demand content, replay, and time-shift, and can be further divided into basic services and value-added services based on the content provided and user payment methods.