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Dingxin Technology terminated its IPO on the Beijing Stock Exchange, originally planning to raise 335 million yuan, Founder Securities sponsored

2024-08-11

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China Economic Net, Beijing, August 11th. The Beijing Stock Exchange website announced on August 9th the decision to terminate the review of the public issuance of shares and listing on the Beijing Stock Exchange of Tongfang Dingxin Technology Co., Ltd. (hereinafter referred to as "Dingxin Technology").

On December 21, 2023, the Beijing Stock Exchange accepted the public offering application documents submitted by Dingxin Technology and reviewed them in accordance with regulations. Dingxin Technology has spent more than three months responding to the Beijing Stock Exchange's review inquiries and has not responded to the Beijing Stock Exchange's review inquiries within the prescribed time limit. In accordance with the relevant provisions of Article 55 of the "Beijing Stock Exchange's Rules for the Review of Public Offering of Stocks to Unspecified Qualified Investors and Listing", the Beijing Stock Exchange has decided to terminate the review of Dingxin Technology's public offering of stocks and listing on the Beijing Stock Exchange.

The company has been committed to providing customers with professional information technology services and digital and intelligent transformation and upgrading solution services. During the reporting period, the company was mainly engaged in digital solution services, information technology services and system integration services.

During the reporting period, the company had no controlling shareholder or actual controller. The company's shareholders directly holding more than 5% of the shares are: Hengshi Investment (holding 20.5618% of the company's shares), Tongfang Shares (holding 19.4346% of the company's shares), Xinhe Huirong (holding 7.7739% of the company's shares), Jiarong Investment (holding 7.5795% of the company's shares). Xinhe Huirong has signed a concerted action agreement with natural person shareholders Tu Qinhua, Li Jianjun, Guo Mingxing, Peng Bo, Jiang Wei, Luo Zhemin, Gao Yongjun, Liu Yan, Liu Xiujun, Lei Chaoke, Liu Jia, and Wu Di, and has a concerted action relationship. The above shareholders hold a total of 19.6882% of the company's shares. Among the shareholders acting in concert, if the parties agree that no consensus is reached, the opinion of Xinhe Huirong shall prevail.