Xiangbin Electronics has filed for an IPO on the Growth Enterprise Market, focusing on research and development, production, and sales of automotive electronic controllers.

Zhixin Financial APP learned that on June 23, Hangzhou Xiangbin Electronic Technology Co., Ltd. (referred to as Xiangbin Electronic) has submitted an application for an IPO on the ChiNext Board of the Shenzhen Stock Exchange, and Citic Securities is its sponsoring institution, intending to raise 10.5126 billion yuan.