Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ) has received acceptance for its joint venture company Jiangsu Zhanxin's application for an IPO on the ChiNext board.

Announcement from Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ): The company has received notification from its joint-stock company Jiangsu Zhanxin Semiconductor Technology Co., Ltd. ("Jiangsu Zhanxin") that Jiangsu Zhanxin has submitted the application documents for its initial public offering of shares and listing on the ChiNext Board to the Shenzhen Stock Exchange, and the application has been accepted. As of the date of this announcement, the company indirectly holds 51,023,600 shares of Jiangsu Zhanxin through Nanjing One Core One Billion Entrepreneurial Investment Partnership Enterprise (Limited Partnership), accounting for 13.79% of its total share capital before the public offering.