Regulatory Approval Granted for CEC Science and Technology's IPO Registration on the ChiNext Board

Stock News06-12

The China Securities Regulatory Commission (CSRC) has issued its official approval for the initial public offering (IPO) registration of CEC Science and Technology Co., Ltd.

The company plans to list on the Shenzhen Stock Exchange's ChiNext board, with Guotai Junan Securities and Haitong Securities serving as the joint sponsors for the offering. The IPO is targeting a fundraising amount of 1.5 billion yuan.

According to the prospectus, CEC Science and Technology is a high-tech enterprise specializing in the research and development, manufacturing, and sales of electronic measurement instruments. It holds the distinction of having the most comprehensive product portfolio and the widest frequency spectrum coverage within China's domestic electronic measurement instrument industry. Its primary product lines encompass complete instruments, testing systems, components, and modules.

The company is also noted as China's sole electronic measurement instrument enterprise capable of competing comprehensively with international industry leaders across key domains, including microwave/millimeter-wave, photoelectric, communications, and fundamental measurement instrumentation.

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