Five companies, including Hua Sheng Radar, Rui Shi Chuangxin, and Taosheng Technology, have had their IPO applications accepted by the Shanghai Stock Exchange.

date
19:22 31/12/2025
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GMT Eight
According to the disclosure of the Shanghai Stock Exchange, Zhejiang Huasheng Radar Co., Ltd., Ruishi Chuangxin (Chongqing) Technology Co., Ltd., and Shanghai Taosheng Electronic Technology Co., Ltd. have applied for listing on the Shanghai Stock Exchange Sci-Tech Innovation Board. China Salt Industry Co., Ltd. and Tianbo Intelligent Technology (Shandong) Co., Ltd. have applied for listing on the Shanghai Stock Exchange main board.
According to the disclosure of the Shanghai Stock Exchange, Zhejiang Huasheng Radar Co., Ltd., Ruishi Chuangxin (Chongqing) Technology Co., Ltd., and Shanghai Taosheng Electronic Technology Co., Ltd. have submitted applications for listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange. China National Salt Industry Corporation and Tianbo Intelligent Technology (Shandong) Co., Ltd. have submitted applications for listing on the main board of the Shanghai Stock Exchange. The prospectus shows that Huasheng Radar is committed to the research, development, production, and sales of phased array meteorological radar systems and refined warning and forecasting software systems, providing customers with integrated solutions for meteorological fine detection and short-term warning and forecasting. The company's main products currently include phased array weather radar, phased array rainfall radar, and related algorithms and application systems, which can be used in weather detection and forecasting, water conservancy rainfall monitoring and forecasting, civil aviation meteorological support, major event security, and other fields. The company is gradually expanding its application in the fields of low-altitude flight support and resilient urban construction. With the development of fine meteorological demand and the continuous expansion of downstream application scenarios, the company has actively laid out meteorological detection products such as laser wind lidar and ubiquitous perception devices, further enriching a diversified portfolio of meteorological detection solutions, aiming to become a leading enterprise in the field of comprehensive meteorological sensing. Ruishi Chuangxin is a high-tech innovative enterprise focusing on RF front-end chips and modules, dedicated to breakthroughs in core key technologies in the RF communication field. Its main business includes research, design, manufacturing, and sales of RF front-end modules and RF discrete devices. The company's product and technology layout is complete, covering a full range of core RF devices such as RF filters (including duplexers, multiplexers, SAW Bank), power amplifiers, RF switches, and low-noise amplifiers, with the ability for rapid development and continuous iteration of highly integrated RF front-end modules. Taosheng Technology specializes in the semiconductor test interface field, with main products including chip test interfaces, probe cards, etc., providing key test hardware solutions for downstream customers in various links of the semiconductor design, wafer manufacturing, and packaging testing industries. The company is one of the earliest domestic enterprises to independently develop chip test interfaces and achieve large-scale production, realizing domestic substitution and independent controllability of high-end chip test interfaces. The company adheres to the path of independent innovation and provides a complete set of technical solutions for chip test interfaces for customers in multiple emerging fields of hard technology such as artificial intelligence, autonomous driving, and advanced storage. Its products cover high-end digital chips represented by CPUs, GPUs, AI chips, and advanced packaging chips represented by 2.5D/3D packaging, CoWoS packaging, PoP packaging, and Chiplet packaging. According to publicly available market data disclosed by Yole, the company's chip test interface revenue scale ranks first in the domestic market in 2024, and based on the company's sales revenue, the company's sales revenue in 2024 ranks 11th in the global chip test interface field. China National Salt Industry Corporation is the only comprehensive operation platform for the salt industry under central enterprises in China, mainly engaged in the research, production, and sales of various salt products and salt-related products such as edible salt, industrial salt, and other salts. The company owns rich and high-quality domestic salt resources, and its production and sales volume of edible salt, industrial salt, and salt products have ranked first nationwide for many consecutive years. It is a leading enterprise in China's salt industry, the national team and main force in ensuring the supply of edible salt nationwide, and enjoys high reputation globally. Tianbo Intelligent is a well-known manufacturer of automotive thermal management system components in the industry, and has also expanded its business to include automotive acoustic components. The company's main products are mainly used in the automotive field. With decades of industry experience and accumulation, the company's customers cover most domestic main OEMs, and it has broad and high-quality customer resources and strong brand influence. In 2024, the top ten auto groups in China's car sales included the company's current customers. In non-automotive fields such as energy storage, AI data center servers, the company's thermal management products have also been expanded in recent years, and it has established cooperative relationships with some well-known companies in the industry.