CSRC approves Xintong Electronics' IPO registration on the Shenzhen Stock Exchange's main board.

According to the financial news app Securities Times, on April 30, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Stock Registration of Shandong Xintong Electronics Co., Ltd." It is reported that Xintong Electronics intends to list on the Shenzhen Stock Exchange main board, with China Merchants Securities as the sponsor, intending to raise 4.7496 billion yuan.