Newsletter summary
Zhengzhou Hengda Intelligent Control Technology Co., Ltd. and its sponsor CITIC Construction Investment Securities Co., Ltd. withdrew their listing applications, and the Shanghai Stock Exchange terminated the review process.
Text of news flash
Zhengzhou Hengda Intelligence Control Technology Co., Ltd. was terminated by IPO review [Hengda Intelligence Control Technology was terminated due to withdrawal of its application] on May 11, Zhengzhou Hengda Intelligence Control Technology Co., Ltd. and its sponsor CITIC Construction Investment Securities Co., Ltd. withdrew their application for listing, and the Shanghai Stock Exchange (Shanghai Stock Exchange) subsequently terminated its application for listing.Crashracingps3Review of the issuance and listing of. The move means that Hengda Intelligent Control Technology's listing plans have been thwarted, which could affect its company's development plans. At the same time, Citic Construction Investment Securities Co., Ltd. as a sponsor, its reputation may also be affected to a certain extent. At present, the Shanghai Stock Exchange has not yet announced the specific reasons for terminating the review. It is generally believed that this may be related to the company's financial situation, operating conditions, market environment and other factors. Investors should pay attention to the follow-up developments of Hengda Intelligent Control Technology and its impact on the development of the company. At the same time, investors should also look at the matter rationally and should not exaggerate its possible impact.
