Shenzhen Stock Exchange has once again accepted the IPO application for the fourth batch of standard SMEs board for Tengdun Technology Innovation's high-end drone industry.

The GEM IPO of Tengdun Technology, sponsored by CICC, was accepted by the Shenzhen Stock Exchange today, adding another example of a company meeting the fourth set of listing standards for the GEM. Tengdun Technology is mainly engaged in the research, development, production, sales, and related services of high-end unmanned aerial vehicle systems, dedicated to providing intelligent, modular, and cluster unmanned aerial vehicle system products and comprehensive solutions for multi-scenario applications in the fields of national defense equipment, low-altitude economy, and general aviation. The prospectus shows that the company has mastered 25 key core technologies. Insiders believe that the current deepening of the GEM reform policy is in the rapid implementation phase, and the ability of the GEM to serve high-quality innovative enterprises is continuously strengthening.