Eleven companies including Shenghuabo and Hualong Securities changed their IPO review status to “suspended (financial report update)”

The Zhitong Finance App learned that on September 30, the official website of the Shanghai Stock Exchange showed that on September 30, a total of 11 companies, including Xiahe Technology, Kangbaijia, Elite, Wotian Technology, Xinmai Machinery, Shenghuabo, Changlong Airlines, Gold Connect, Renben Co., Ltd., Electric Construction Xinneng, and Hualong Securities, updated their IPO review status to “suspended (financial report update)”.

According to the prospectus, Xiahe Technology's main business is R&D, production and sales of OLED organic terminal materials, mainly mixed materials. At present, the company has successfully mass-produced a number of OLED-doped materials with independent intellectual property rights. Among them, the light-emitting layer materials include green light doped materials (GD) and red light doped materials (RD), and the charge generating layer materials and hole injection layer materials are P-type conductive doped materials (PD). In addition, the company has a small amount of light-emitting layer red light main material (RH) and green light main material (GH) business.

Kangbaijia is a leading cross-regional pharmaceutical retail chain group in Fujian, Zhejiang, and Jiangxi, and ranks among the largest directly managed pharmacies in the country. As of December 31, 2025, Kangbaijia already has more than 2,400 direct-run chain stores.

Elite is the world's leading manufacturer of large-scale annular forgings. Its main products include flange forgings, gear ring forgings, construction machinery forgings, heavy energy equipment forgings, and wear-resistant materials. It has the world's leading oversized ring rolling equipment, and can produce overall seamless annular forgings with a maximum weight of 300 tons, a maximum diameter of more than 21 meters, and a maximum height of 5 meters. The equipment and processing capacity in the field of wind power annular forgings rank first in the world.

Wotian Technology focuses on R&D, design, production and sales of high-performance MEMS pressure sensors and related products. It is one of the few domestic enterprises that have achieved vertical integration of the entire MEMS pressure sensor business process. The product line covers MEMS pressure sensor cores, transmitters, etc.

Xinmai Machinery integrates R&D, production, sales and service of commercial baking equipment. The equipment produced is used in the complete production process of bread, toast, cakes, cookies, pizza, pasta, etc. The company's downstream customers include large supermarkets such as Walmart, Da Runfa, Yonghui, and Fat Donglai, Chinese Guochao pastry brands Luxihe, Zhan Ji, Master Bao, famous national chain brands Taoli, Haolilai, and Youhe, as well as global restaurant chains Pizza Hut and Salia.

Shenghuabo is committed to becoming the world's leading comprehensive solution provider in the field of automotive intelligent motors, mainly engaged in R&D, production and sales of automotive parts such as wiper assemblies, seat motors, and smart car body motors. According to QYResearch statistics, the company's wiper assembly sales rank first in the country for six consecutive years, seat motor sales rank first in the world for five consecutive years, and the market share of the two core products is in a leading position in the industry.

Changlong Airlines is the only passenger and cargo integrated public transport airline with Hangzhou Xiaoshan International Airport as its main base. The company is mainly engaged in passenger and cargo transportation business and services related to air transport business within China, Hong Kong, Macao, Taiwan and international airlines. By the end of 2025, the company had operated a total of 135 passenger routes

Gold Link is a world-renowned provider of fine precision parts. Currently, it mainly provides core components for major domestic and foreign chip testing consumables manufacturers such as Smiths Interconnect, Yokowo, Yamaichi, Taosheng Technology, and Lin Weina. The products are eventually used in the testing process of high-end chips such as GPUs, CPUs, and ASICs from major domestic and foreign chip manufacturers, and is an important part of the global high-end chip supply chain system.

Renben Co., Ltd. is mainly engaged in R&D, production and sales of bearings and related products. It is the largest and most comprehensive bearing manufacturing group in China. The company's bearing products have more than 50,000 types and specifications, and are widely used in many important fields of the national economy, such as the automobile industry, light machinery, heavy machinery and major equipment.

Power Construction New Energy's main business is the development, investment, operation and management of wind and solar power generation projects in China. The main product is electricity. As of the end of the reporting period, the installed capacity of power generation projects controlled by the company was 25.2296 million kilowatts, of which: 10.8406 million kilowatts for wind power projects; 14.3891 million kilowatts for solar power projects.

Hualong Securities is a comprehensive fully licensed securities management agency organized by the Gansu Provincial People's Government and approved by the China Securities Regulatory Commission. After years of development, by the end of June 2022, the company had established 18 branches and 79 securities sales departments in Beijing, Shenzhen, Chongqing, Zhejiang, Sichuan, Jiangsu, Fujian, Shandong, Jiangxi, Shaanxi, Hunan, Inner Mongolia, Xinjiang and Gansu provinces.