CSRC agrees to Da Ming Electronics' IPO registration on the Shanghai Stock Exchange.

On August 8, the China Securities Regulatory Commission issued the reply to approve the initial public offering of shares by Daming Electronics Co., Ltd. It is reported that Daming Electronics plans to list on the Shanghai Stock Exchange, with Guotaihaitong as its sponsor, aiming to raise 400 million yuan. The prospectus shows that Daming Electronics focuses on the automotive electronic components supporting field and is a professional comprehensive solution supplier engaged in the design, development, production, and sales of automotive body electronic control systems. The company's main products include driving assistance systems, cabin central control systems, intelligent optoelectronic systems, door and window control systems, seat adjustment systems, etc. Due to the different downstream vehicle types, the product's structure design, processing technology, and performance indicators vary. The issuer's products have the characteristics of a wide variety, complex structure, and high degree of customization.