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China Economic Net, Beijing, August 18th. The Beijing Stock Exchange website disclosed on August 16th the decision to terminate the review of the public issuance of shares and listing on the Beijing Stock Exchange of Hangzhou Qianyang Technology Co., Ltd. (hereinafter referred to as "Qianyang Technology").

On December 14, 2023, the Beijing Stock Exchange accepted the relevant application documents for public offering submitted by Qianyang Technology and reviewed them in accordance with the regulations. On June 28, 2024, Qianyang Technology submitted to the Beijing Stock Exchange the "Application of Hangzhou Qianyang Technology Co., Ltd. to withdraw the application documents for the public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange". In accordance with the "Beijing Stock Exchange's relevant regulations on the public offering of shares to unspecified qualified investors and listing review", the Beijing Stock Exchange decided to terminate the review of Qianyang Technology's public offering of shares and listing on the Beijing Stock Exchange.

Qianyang Technology is an enterprise specializing in the research and development, production and sales of organic ester fine chemicals.

As of the date of signing of the prospectus, Hangzhou Nature Science and Technology Co., Ltd. directly holds 100,000,000 shares of the company, accounting for 75.35% of the company's total share capital, and is the controlling shareholder of Qianyang Technology. The shareholding ratio of Nature's major shareholders is less than 30%, and the equity structure is relatively dispersed. There is no relationship, concerted action relationship or proxy holding between the major shareholders of Nature holding more than 5%, and Nature has no controlling shareholder. The company has no ultimate shareholder to form actual control over the company, so Qianyang Technology has no actual controller.