Red Board Technology's IPO on the Shanghai Stock Exchange has been "inquired". The controlling shareholder indirectly holds over 95% of the shares.

According to the Securities Times APP, on July 18, Jiangxi Hongban Technology Co., Ltd. (referred to as Hongban Technology) applied for a change in the status of its application for listing on the main board of the Shanghai Stock Exchange to "inquiry received". Minsheng Securities is its sponsor institution, and it plans to raise 2.057 billion yuan.