New Stock News | Shenzhen Zhaowei Machinery & Electronics (003021.SZ) Hong Kong IPO prospectus is invalid.

Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (referred to as Shenzhen Zhaowei Machinery & Electronics) (003021.SZ) submitted its Hong Kong IPO prospectus for 6 months on June 18 and expired on December 18. When submitting the application, CMSC International and Deutsche Bank acted as its joint sponsors. According to the prospectus, Shenzhen Zhaowei Machinery & Electronics is an integrated provider of micro transmission and drive system solutions, mainly providing customized integrated micro transmission and drive system solutions for high-growth industries such as smart cars, humanoid Siasun Robot&Automation, consumer technology, medical technology, and advanced industrial manufacturing. The company has launched three major platform-based proprietary brand products, namely high-performance servo motor series, drum motors, and dexterous hands. The company's proprietary brand products cover high-end intelligent consumer products, advanced manufacturing, and humanoid Siasun Robot&Automation and other high-potential industries.