Establishment of Aviation Shenzhen Stock Exchange GEM IPO has been inquired, with accumulated losses of 188 million over three consecutive years.

According to the Securities Times app, on July 3, Chengli Aviation Co., Ltd. (referred to as "Chengli Aviation") applied for a change in the status of its listing review on the ChiNext board of the Shenzhen Stock Exchange to "under inquiry". Guangfa Securities is its sponsoring agency, and it plans to raise 1.25 billion yuan.