The Torrance GEM IPO has been accepted. Multiple products have entered the supply system of clients such as North China Huachuang and ZTE Corporation.

According to the Zhitong Finance and Economics App, on December 23rd, the Shenzhen Stock Exchange's ChiNext Board has accepted the IPO application of Torrance Precision Manufacturing (Jiangsu) Co., Ltd. (referred to as "Torrance"). China International Finance Co., Ltd. is its sponsor. The company plans to raise 1.15616 billion yuan.