New IPO News | Gorleys Hong Kong Stock IPO Prospectus Invalidated

Shanghai Gorui Software Co., Ltd. (referred to as Gorui) submitted its Hong Kong stock market prospectus on February 15, 2026, which will expire six months later on August 15, 2026. At the time of submission, GUOTAI JUNAN I and CMBC CAPITAL were its joint sponsors. According to the previous prospectus, Gorui is a leading provider of intelligent manufacturing software solutions in the broader semiconductor industry, focusing on the research and commercialization of tailored intelligent manufacturing software solutions for advanced manufacturing applications in the semiconductor sector. Since its establishment, the company has strategically focused on the semiconductor industry, leveraging new technologies such as artificial intelligence, big data, and automation to provide scenario-driven, full-stack intelligent manufacturing software solutions through independent development. The company's intelligent manufacturing solutions are deeply integrated with advanced manufacturing processes and technologies in the broader semiconductor industry, establishing industry competitiveness and maintaining a long-term leading advantage in the field. According to data from Frost & Sullivan, in terms of revenue generated from intelligent manufacturing software solutions, the company ranked first among domestic providers of intelligent manufacturing software solutions in China's broader semiconductor intelligent manufacturing software market in 2024.