CSRC approves Suiyi Technology's registration for the ChiNext IPO.

On June 12th, the China Securities Regulatory Commission issued the approval for the initial public offering of shares by China Electronic Technology Instrument Co., Ltd. It is reported that Electronic Technology Instrument plans to list on the ChiNext board of the Shenzhen Stock Exchange, with GuotaiHaitong as the sponsor institution, aiming to raise 1.5 billion yuan. According to the prospectus, Electronic Technology Instrument is a high-tech company specializing in the research, development, manufacturing, and sales of electronic measuring instruments. It is the domestic industry leader with the widest range of products and spectrum coverage in the electronic measuring instrument industry, including complete machines, testing systems, and integral components. The company is also the only one in China currently capable of competing internationally in the fields of microwave/millimeter-wave, optoelectronic, communication, and basic measuring instrument technology.