China Net Finance reported on April 24 that on the evening of the 21st, the China Securities Regulatory Commission issued IPO approval documents for 10 companies, and Zhanpeng Technology Co., Ltd. (hereinafter referred to as "Zhanpeng Technology") was approved.
According to public information, Zhanpeng Technology was established on February 8, 2001 and its registered address is located on Feihong Road, Nanchang District, Wuxi City, Jiangsu Province. It was changed to a joint-stock company on June 17, 2013 with a registered capital of 156 million yuan.
Zhanpeng Technology's main business includes the technical development, manufacturing and sales of industrial automatic control system devices, elevator escalators and elevator special supporting kits, mechatronics engineering, technology development and technology transfer of IoT software and hardware, system integration of IoT software and hardware, and self-operated and agents of various commodities and technologies. In 2016, revenue was 282 million yuan and net profit was 72.55 million yuan.
The website of the China Securities Regulatory Commission shows that on April 10, Zhanpeng Technology passed the A-share listing application for the first issuance of the A-share listing at the 50th meeting of the China Securities Regulatory Commission’s Main Board Issuance and Review Committee in 2017. Its prospectus shows that Zhanpeng Technology plans to issue 52 million shares on the Shanghai Stock Exchange, with a total share capital of no more than 208 million shares after issuance.
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