CSRC agrees that Xin Xin Technology will list on the Shanghai Stock Exchange Main Board IPO

On November 28, the China Securities Regulatory Commission issued a reply approving Chongqing Zhixin Industrial Co., Ltd.'s initial public offering of stocks. It is reported that Zhixin Corporation plans to list on the main board of the Shanghai Stock Exchange, with Shenwan Hongyuan Group as its sponsor institution, seeking to raise 1.329 billion yuan. The prospectus shows that Zhixin Corporation was established in January 1995, and has always been dedicated to the development, processing, production, and sales of automotive stamping parts and related molds. Around the development and production of stamping parts, it has expanded into the upstream areas of mold development, processing, production, and overall solutions for automated production.