news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

on september 26, the website of the shenzhen stock exchange disclosed its decision to terminate the review of the initial public offering of shares and listing of suzhou yum power machinery co., ltd. ("yum power") on the gem.

on june 16, 2022, the shenzhen stock exchange accepted yum power’s application documents for the initial public offering of shares and listing on the gem in accordance with the law, and reviewed them in accordance with the law and regulations. recently, yum power submitted the "application of suzhou yum power machinery co., ltd. to withdraw the application documents for the initial public offering of stocks and listing on the gem" to the shenzhen stock exchange. the sponsor submitted the "avic securities co., ltd.'s application to withdraw suzhou yum application documents for the initial public offering of shares of dynamic machinery co., ltd. and listing on the gem." according to the relevant provisions of article 62 of the "shenzhen stock exchange stock issuance and listing review rules (revised in 2024)", the shenzhen stock exchange decided to terminate the review of yum power's initial public offering and listing on the gem.

yum power's first meeting on january 12, 2023, the gem listing committee's second review meeting in 2023 raised the following main questions:

during the reporting period, the actual controller of the issuer and his relatives had large financial transactions with zhang *han. the issuer is requested to explain: (1) the reasons and rationality for the above-mentioned large-amount fund transactions; (2) whether the above-mentioned fund transactions involve payment of costs, fees or transfer of benefits on behalf of the issuer. please explain the verification procedures and express clear opinions.