CSRC approved the IPO registration of Changyou Technology
1min read On December 12, the China Securities Regulatory Commission approved the registration of Jiangsu Changyou Environmental Protection Technology Co., Ltd. for its initial public offering. According to the information, Changyou Technology plans to list on the Shenzhen Stock Exchange's GEM, with the IPO sponsor being Haitong Securities, and plans to raise RMB763 million.The prospectus shows that Changyou Technology mainly engages in the research, production, and sales of high polymer composite materials and lightweight core materials, including wind turbine nacelle, lightweight core materials for wind turbine blades, nacelle molds, and railway vehicle parts.The Company relies on its rich experience in the application of high polymer composite materials and lightweight core materials, focuses on the emerging industry's supporting needs, continuously promotes product innovation, optimizes product structure, and perfects the layout of production bases to expand the application fields of products, forming a diversified structure covering wind power generation and railway transportation, with the product series covering all mainstream models in China, and the production bases covering Jiangsu, Hebei, Hunan, Inner Mongolia, Yunnan and other places and radiating the national market with a good business layout.
