On January 7, Gelonghui reported that Lingyun Guang (688400.SH) announced that the company recently learned from its affiliated company Changchun Changguang Chenxin Microelectronics Co., Ltd. (hereinafter referred to as "Changguang Chenxin") that, based on future Global Strategy considerations, it plans to terminate the application for this issuance and listing and withdraw the listing application documents.
On January 7, 2025, the Shanghai Exchange issued the "Decision on Terminating the Review of the Initial Public Offering of Stocks and Listing on the Star of Changchun Changguang Chenxin Microelectronics Co., Ltd." (Shang Zheng Ka Shen [2025] No. 1), deciding to terminate the review of Changguang Chenxin's initial public offering of stocks and listing on the Star. As of the date of this announcement, the company Hold 10.22% of Changguang Chenxin's shares, and the termination of the review for this initial public offering and listing on the Star will not have a significant adverse impact on the company’s production and operation, and there is no situation that harms the interests of the company and all shareholders, especially small and medium shareholders.