Electric Blue Sky and Qinheng Micro's status for their IPO review on the Shanghai Stock Exchange has changed to "under inquiry."

On July 20, the Shanghai Stock Exchange website showed that the IPO review status of Deke Blue Sky and Qin Heng Micro has been updated to "inquiry raised". The sponsoring institutions are China Securities Co., Ltd. and Huatai United, with fundraising amounts of 1.5 billion RMB and 932 million RMB respectively. The prospectus shows that Deke Blue Sky is mainly engaged in the research, development, production, sales, and service of electric energy products and systems. The company provides a complete set of solutions for power generation, energy storage, control, and system integration, with products covering a wide range of applications from deep sea (1 km underwater) to deep space (225 million km from Earth). The company's main business covers aerospace power, special power, new energy applications, and services. The aerospace power products developed by the company have a history that dates back to Addsino Co., Ltd., and since providing power products for China's first artificial satellite "Dongfanghong-1" in 1970, the company has provided high-quality and reliable power products for more than 700 satellites/spaceships/probes/space stations including Shenzhou spacecraft, Tiangong space station, Beidou satellite, Chang'e lunar probe, Tianwen Mars probe, and Gaofen satellite, among others, which are key projects in the fields of national defense and space exploration. Qin Heng Micro focuses on the research of connection technology and microprocessors (referred to as "processors" or "cores"), and is an integrated circuit design company that builds integrated chips based on self-developed professional interface IP and core IP. During the reporting period, the company's main business was the research, design, and sales of interface chips and interconnected MCU chips. The main product are interface chips and interconnected MCU chips, with interface chips serving as windows for electronic device information exchange and interconnection, while interconnected MCU integrates processor technology and connection technology deeply, serving as data processing centers with built-in information exchange windows. The above products focus on connection, networking, and control, and are mainly used in industrial control and connection, IoT networking and interconnection, as well as computer and mobile peripherals.