Thinking about the Technology Growth Board IPO being accepted for review

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Beijing Business Today (reporters Ma Huanhuan, Li Jiaxue) On the evening of April 2, the official website of the Shenzhen Stock Exchange showed that Dongguan Sisu Technology Co., Ltd. (hereinafter “Sisu Technology”)’s ChiNext IPO has been accepted for review.

It is understood that Sisu Technology is a provider of automotive-grade low-voltage connectors and electrical interconnect solutions, focusing on the R&D, manufacturing, and sales of connectors and components.

In this bid to go public, Sisu Technology plans to raise approximately RMB 1.18 billion. After deducting issuance expenses, the net proceeds will be used for Sisu’s connector capacity expansion project, Sisu’s high-frequency high-speed connector production project, Sisu’s R&D center upgrade project, and replenishing working capital.

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