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Securities Regulatory Commission: The initial IPO of Sanyingxing was approved

Securities Regulatory Commission: The initial IPO of Sanyingxing was approved

According to the news of Jiwei Network, on April 29, the Announcement of the China Securities Regulatory Commission showed that the application for the initial listing of Sanyingxing was approved by the Issuance and Review Committee of the China Securities Regulatory Commission.

Securities Regulatory Commission: The initial IPO of Sanyingxing was approved

It is understood that previously on June 22, 2021, Hubei Sanyingxing Optoelectronic Technology Co., Ltd. (hereinafter referred to as "Sanyingxing") announced an IPO prospectus to be listed on the main board of the Shenzhen Market, raising 1.323 billion yuan.

According to the data, Sanyingxing focuses on photoelectric camera modules and biometric modules, and is a high-tech enterprise integrating R&D, production and sales. The three main business sectors are precision mobile phone camera modules, biometric modules and intelligent imaging products. The application areas cover smart phones, biometrics, artificial intelligence, smart cars, notebook computers, medical imaging, Internet of Things, smart transportation, multimedia teaching, etc.

In the prospectus, Sanyingxing revealed that the company has established good cooperative relations with mobile phone brands such as vivo, Huawei, Honor, Transsion, ZTE, Motorola, TCL, Tianlong, and Zhongnuo. The intelligent video products and biometric modules produced by the company are widely used in hikvision, Hytera, Xiaomi, Tencent, Asus, Baidu, ByteDance, Hisense, EMT and other well-known brands at home and abroad.

(Proofreading/Andy)

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