Online rumors claim that Quan Nao Technology has started preparing for the listing documents, but the company has declined to comment.

Today, there are reports that Qiang Nao Technology is in negotiations, planning to raise about 100 million US dollars in pre-IPO financing. Sources have stated that the company has started preparing IPO documents, but has not yet decided on the listing location or other details. Qiang Nao hopes to achieve a valuation of over 1.3 billion US dollars before the initial public offering. Sina Technology reached out to Qiang Nao Technology for comment on the above news, but the company declined to comment.