The IPO review of the Beijing Stock Exchange resumed a pace of three reviews per week, with Xinsen Technology becoming the first company to have its review temporarily postponed within the year.
On the evening of January 16th, the results of the 4th and 5th review meetings of the Beijing Stock Exchange were released, and China Academy of Sciences Shenyang Scientific Instrument Co., Ltd. successfully passed the review. Zhejiang Xinsheng Technology Co., Ltd. became the first company of the year to be temporarily deferred for review by the North Stock Exchange. As a leading domestic provider of core components for semiconductor manufacturing equipment and vacuum scientific instrument equipment, its main business is the research, development, production, sales, and related technical services of dry vacuum pumps and vacuum scientific instrument equipment. Xinsheng Technology is a company that has been deeply involved in the field of computerized embroidery machines for nearly twenty years. Currently, Xinsheng Technology's revenue mainly comes from the clothing machine and lace machine in flat embroidery machines, with the two contributing to approximately 90% of the company's main business revenue.
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