The IPO review status of 11 companies, including Shenghuabo and Hualong Securities, has been changed to "Suspended (Financial Report Update)" on the Shanghai Stock Exchange.

The official website of the Shanghai Stock Exchange shows that on September 30, the IPO review status of 11 companies, including Xiahe Technology, Kangbaijia, Iraeta, Wotian Technology, Xinmai Machinery, Shenghuabo, Loong Air, Jinlianjie, Renben Co., Ltd., PowerChina New Energy, and Hualong Securities, was updated to "Suspended (Financial Report Update)." According to the prospectus, Xiahe Technology's main business is the research and development, production, and sales of OLED organic terminal materials, primarily doping materials. At present, the company has successfully mass-produced a number of OLED doping materials with independent intellectual property rights, among which the light-emitting layer materials include green light doping materials (GD) and red light doping materials (RD), while the charge generation layer and hole injection layer materials are P-type conductive doping materials (PD). In addition, the company has a small amount of business in red light host materials (RH) and green light host materials (GH) for the light-emitting layer. Kangbaijia is a leading cross-regional pharmaceutical retail chain group in the Fujian, Zhejiang, and Jiangxi region, and ranks among the top in the country in terms of the scale of directly operated pharmacies. As of December 31, 2025, Kangbaijia had more than 2,400 directly operated chain stores. Iraeta is a leading enterprise in the global large ring forging manufacturing sector. Its main products include flange forgings, gear ring forgings, engineering machinery forgings, heavy energy equipment forgings, and wear-resistant materials. It possesses globally leading super-large ring rolling equipment and can produce seamless integral ring forgings with a maximum weight of 300 tons, a maximum diameter of more than 21 meters, and a maximum height of 5 meters. Its equipment and processing capabilities in the field of wind power ring forgings rank first in the world. Wotian Technology focuses on the research and development, design, production, and sales of high-performance MEMS pressure sensors and related products. It is one of the few domestic enterprises to achieve full-process vertical integration in the MEMS pressure sensor business, with a product line covering MEMS pressure sensor cores, transmitters, and more. Xinmai Machinery integrates the research and development, production, sales, and service of commercial baking equipment. The equipment it produces is used in the full production process of various baked foods such as bread, toast, cakes, cookies, pizza, and pastries. The company's downstream customers include large supermarkets such as Walmart, RT-Mart, Yonghui, and Pang Dong Lai; Chinese-style trendy pastry brands such as Luxihe, Zhanji, and Bao Shifu; well-known national chain brands such as Taoli, Holiland, and Youhe; as well as global restaurant chains such as Pizza Hut and Saizeriya. Shenghuabo is committed to becoming a globally leading comprehensive solution provider in the field of automotive intelligent motors, mainly engaged in the research and development, production, and sales of automotive components such as wiper assemblies, seat motors, and body intelligent motors. According to QYResearch statistics, the company's wiper assembly sales have ranked first in China for six consecutive years, and its seat motor sales have ranked first globally for five consecutive years, with the market share of its two core products in a leading position in the industry. Loong Air is the only comprehensive passenger and cargo public air transport airline with Hangzhou Xiaoshan International Airport as its main base. The company is mainly engaged in domestic, Hong Kong, Macao, and Taiwan, and international air passenger and cargo transport business and services related to air transport business. As of the end of 2025, the company operated a total of 135 passenger routes. Jinlianjie is a globally renowned provider of micro-precision parts. At present, it mainly provides core parts to major domestic and international chip test consumable manufacturers such as Smiths Interconnect, Yokowo, Yamaichi, Taosheng Technology, and Suzhou UIGreen Micro&Nano Technologies. Its products are ultimately used in the testing processes of high-end chips such as GPUs, CPUs, and ASICs for major domestic and international chip manufacturers, making it an important part of the global high-end chip supply chain system. Renben Co., Ltd. is mainly engaged in the research and development, production, and sales of bearings and related products, and is the largest and most comprehensive integrated bearing manufacturing group in China. The company's bearing products have more than 50,000 models and specifications, and are widely used in many important areas of the national economy, including the automotive industry, light industrial machinery, heavy machinery, and major equipment. PowerChina New Energy's main business is the development, investment, operation, and management of wind power and CECEP Solar Energy power generation projects within China, and its main product is electricity. As of the end of the reporting period, the installed capacity of the company's controlled power generation projects was 25.2296 million kilowatts, of which wind power generation projects accounted for 10.8406 million kilowatts and CECEP Solar Energy power generation projects accounted for 14.3891 million kilowatts. Hualong Securities is a comprehensive full-license securities operating institution organized and established by the Gansu Provincial People's Government and approved by the China Securities Regulatory Commission. After years of development, as of the end of June 2022, the company had established 18 branch companies and 79 securities business departments in Beijing, Shenzhen, Chongqing, Zhejiang, Sichuan, Jiangsu, Fujian, Shandong, Jiangxi, Shaanxi, Hunan, Inner Mongolia, Xinjiang, and various cities within Gansu Province.