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more than seven months after the review, why did jinkang precision's listing on the beijing stock exchange get stuck? the worst interim report in eight years!

2024-09-05

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introduction: the operating conditions in the first half of 2024 should be the worst for jinkang precision in the past eight years since 2017. it is precisely with the release of this latest performance data that the prospects of jinkang precision's listing on the beijing stock exchange have become more uncertain.

this article was exclusively published by koukou finance (id: koukouipo)

author: zhou jiawei@beijing

editor: zhai rui@beijing

on september 4, 2024, changzhou jinkang precision machinery co., ltd. (hereinafter referred to as "jinkang precision") still failed to obtain approval to submit its registration application for listing on the beijing stock exchange to the china securities regulatory commission. at this time, more than seven months had passed since the relevant matters of its listing on the beijing stock exchange were reviewed by the listing committee meeting.

this also makes jinkang precision the only company among the companies waiting to be listed on the beijing stock exchange that has passed the review for more than half a year but has not yet entered the registration process, except for xi'an boda software co., ltd. whose intermediary was "suspended" due to problems.

jinkang precision, which is mainly engaged in the research, development, production and sales of motor winding automation production lines and high-end equipment, was established in 2001. more than a year ago, on june 30, 2023, it officially embarked on the road to listing on the beijing stock exchange.