Zhongxing Micro Technology has initiated the counseling for going public and plans to be listed on the STAR Market.

On August 8th, the official website of the China Securities Regulatory Commission (CSRC) showed that Zhongxing Micro Technology Co., Ltd. has started the listing counseling process and plans to list on the Science and Technology Innovation Board with Galaxy Securities as the counseling institution. According to the counseling registration report, the company's controlling shareholder is Duilong Zhongxing Micro Management Consulting Co., Ltd., holding a 20.24% stake. Zhongxing Micro Technology Co., Ltd. had previously applied for an IPO with the CSRC in 2018, transferred to the ChiNext Board of the Shenzhen Stock Exchange for review in July 2020, and withdrew the application documents in December 2020, leading to the Shenzhen Stock Exchange terminating the review. The reason for the withdrawal of the IPO application in 2020 was due to the company's business development plan of merging the chip business and planning to reapply at a later date.