According to the Securities Times APP, on September 22, peking asiavets Technology Co., Ltd. (referred to as asiavets) terminated its gem IPO on the Shenzhen Stock Exchange. Due to asiavets and the sponsor withdrawing the application for listing, according to the Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (Revised in 2024), the Shenzhen Stock Exchange decided to terminate the listing review.

The prospectus shows that asiavets is a digital transformation technology and product supplier with deep accumulation and leading advantages in the field of wealth management and payment clearing. During the reporting period, it mainly provided software development and technology services, operation and consulting services in the areas of wealth management and financial markets, payment clearing, smart digital customer services to banks and other financial institutions.

According to the data from the Ministry of Industry and Information Technology, in 2022, asiavets ranked first in the market in the emerging bank wealth management business solution field and belonged to the first echelon in the payment clearing business solution field.

In the wealth management business solution field, the main participants include asiavets, hundsun technologies inc., shenzhen kingdom sci-tech, and Zhongdian Golden Information. Asiavets is one of the few enterprises that can fully and comprehensively provide wealth management business solutions, covering all aspects of product investment research and analysis, business management, product management, risk management, information disclosure, and regulatory reporting in the wealth management business.

In the payment clearing business solution field, the overall market is relatively fragmented with many participants. According to the Ministry of Industry and Information Technology's data, the first-tier manufacturers include Zhongdian Golden Information, Pactera Technology, Pactera Technology, Pactera Technology, and asiavets. Asiavets can provide a comprehensive and complete payment clearing business solution, with related products covering the entire business chain of payment clearing business, ensuring efficient and secure operation of payment clearing business while supporting expansion to more business scenarios and achieving innovative development in payment clearing business.

In terms of finance, in the financial years of 2020, 2021, 2022, and January-June 2023, asiavets achieved revenues of approximately 0.284 billion, 0.372 billion, 0.454 billion, and 0.196 billion Chinese yuan respectively. During the same period, net income was 33.2362 million, 51.6455 million, 62.484 million, and 5.8681 million Chinese yuan respectively.