ZCZL (00564) announced that Luoyang Bearing Group Co., Ltd. (hereinafter referred to as "Luozhou Shares"), an investee company of Zhengzhou Coal Mining Machinery Group New Industry Investment (Henan) Partnership (Limited Partnership) (hereinafter referred to as "New Industry Investment"), a controlled subsidiary of ZCZL (Zhengzhou) Industrial Technology Group Co., Ltd., plans to apply for an initial public offering and list on the Growth Enterprise Market of the Shenzhen Stock Exchange. According to a notice on the Shenzhen Stock Exchange's issuance and listing review information disclosure website, on May 19, 2026, the Shenzhen Stock Exchange Listing Review Committee held its 25th review meeting of 2026 to review Luozhou Shares' IPO application. Based on the meeting's deliberation results, Luozhou Shares meets the issuance conditions, listing requirements, and information disclosure standards. The predecessor of Luozhou Shares was Luoyang Bearing Factory, established in 1954, which was one of the 156 key projects during China's First Five-Year Plan. After over 70 years of development, it now ranks among the top comprehensive manufacturing enterprises in China's bearing industry in terms of production, sales scale, and supporting service capabilities. It possesses the bearing industry's sole national key laboratory and holds a leading domestic position in the research, development, and layout of high-end bearings, maintaining numerous records in China's bearing industry to this day. As of the date of this announcement, New Industry Investment holds 90.018 million shares of Luozhou Shares, representing 15.003% of its total pre-IPO share capital. The company holds 100% of the partnership's capital contribution in New Industry Investment.
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