China Securities Regulatory Commission Approves Baolun Shares' Shanghai Stock Exchange IPO Registration

Stock News11-06

According to Zhitong Finance APP, on November 6, the China Securities Regulatory Commission issued the "Approval on the Registration of the Initial Public Offering of Guangdong Baolun Electronic Co., Ltd."

It is reported that Baolun Shares plans to list on the main board of the Shanghai Stock Exchange, with GF Securities serving as its sponsor, and intends to raise 1.583 billion yuan.

The prospectus shows that Baolun Shares is an industry-leading provider of "sound, light, electricity, video, and communication" system solutions, mainly engaged in the research and development, production, and sales of professional audiovisual products such as public address systems, professional sound reinforcement systems, smart conference systems, display terminal systems, command and management systems, and lighting and illumination systems.

Since its establishment in 2008, the company has been deeply engaged in the professional audiovisual field, adhering to the development strategy of "technology leadership, scenario deepening, and ecological co-construction." It has now become a leading enterprise in China with a complete product line and a wide range of application scenarios, possessing one-stop service capabilities from product research and development and manufacturing to overall solution design and implementation.

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