ChunGuang Group's application for an IPO on the Growth Enterprise Market has been accepted. The company's main business is the research, development, production, and sales of soft ferrite magnetic powders.

According to the Securities Times APP, it was learned that on June 17th, Shandong Spring Sunshine Technology Group Co., Ltd. (referred to as Spring Sunshine Group) has submitted its application for an IPO on the Shenzhen Stock Exchange ChiNext board. CICC is its sponsoring institution, with plans to raise 750.71 million yuan.