CSRC approves Ruiqi Intelligent's application for IPO on the GEM.

On February 13th, the China Securities Regulatory Commission issued the "Approval for Wuxi Liqi Intelligent Equipment Co., Ltd.'s initial public offering of stocks." It is reported that Liqi Intelligent intends to be listed on the ChiNext board of the Shenzhen Stock Exchange, with Guotai Haitong as its sponsoring institution, aiming to raise 1.0816 billion yuan. According to the prospectus, Liqi Intelligent focuses on the field of automated material handling such as automatic ingredient dispensing, dispersion emulsification, and mixing, providing professional and intelligent material handling system solutions. The company provides customers with consulting, design, manufacturing, installation, debugging, training, and after-sales one-stop services. Its products are widely used in industries such as lithium battery manufacturing, fine chemicals, and composite materials.