CSRC approved the IPO registration of Xinguangyi on the Shenzhen Stock Exchange.

On October 9th, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Shares of Suzhou Xin Guangyi Electronics Co., Ltd.". It is reported that Xin Guangyi plans to be listed on the Shenzhen Stock Exchange, with CITIC SEC as its sponsor, and plans to raise 638.38 million yuan. According to the prospectus, Xin Guangyi is a high-tech enterprise focusing on the research and development, production, and sales of high-performance special functional materials. Its main products include anti-overflow special film, strong tolerance special film, and other special functional materials. In addition, the company also produces, researches, and develops emerging businesses such as electronic product component materials, modified materials, optical adhesive film, new energy lithium battery materials, and photovoltaic adhesive film.