China Economic Net, Beijing, February 6 - The Beijing Stock Exchange recently announced its decision to terminate the public offering of Shanghai Honghui Guangtong Technology Co., Ltd. (hereinafter referred to as "Honghui Guangtong") and its listing on the Beijing ** Stock Exchange.
On June 30, 2023, the Beijing Stock Exchange accepted the application documents related to the public offering submitted by Honghui Guangtong and reviewed it in accordance with the regulations. On December 29, 2023, Honghui Guangtong submitted to the Beijing Stock Exchange the "Application for Withdrawal of the Application Documents for the Public Offering to Unspecified Qualified Investors** and Listing on the Beijing ** Stock Exchange" to the Beijing Stock Exchange, applying for the withdrawal of the application documents. In accordance with the relevant provisions of Article 53 of the Rules for the Review of Public Offerings** and Listing of ** to Unspecified Qualified Investors on the Beijing ** Stock Exchange, the Beijing Stock Exchange has decided to terminate the review of Honghui Guangtong's public offering** and listing on the Beijing Stock Exchange.
Honghui Guangtong is a high-tech enterprise focusing on the optical communication industry, specializing in the research and development, production and sales of optical communication materials and optical communication devices.
Huang Huiliang, Zhao Jihong and Zhao Pingen hold 19,433,000 shares, 14,158,000 shares and 14,176,000 shares of the Company respectively, accounting for the proportion of the Company's total share capital respectively. 73% and 1074%, Huang Huiliang is the general partner and executive partner of Zijin Venture Capital, which holds 288% of the shares. The total number of voting shares enjoyed by Huang Huiliang, Zhao Jihong and Zhao Pingen in the total share capital of the company is 3907%。Huang Huiliang, Zhao Jihong and Zhao Pingen are the founders and core (management) team of the company, and since the date of the company's establishment, the three of them have been making decisions on the company's daily major business activities through democratic consultation, joint decision-making and concerted action, which actually constitutes joint control over the company. Huang Huiliang, Zhao Jihong and Zhao Pingen all directly hold or indirectly control the voting rights of the company's shares; The company's governance structure is sound and well-run, and the fact that Huang Huiliang, Zhao Jihong and Zhao Pingen jointly own the control of the company does not affect the company's standardized operation; To sum up, the controlling shareholders and actual controllers of the company are Huang Huiliang, Zhao Jihong and Zhao Pingen.
Honghui Guangtong originally planned to issue no more than 25 million shares on the Beijing Stock Exchange (without considering the over-allotment option); No more than 28.75 million shares (in the case of full exercise of the over-allotment option of this ** issuance), the company and the lead underwriter can choose the opportunity to adopt the over-allotment option according to the specific issuance conditions, and the number of ** issued by the over-allotment option shall not exceed 15% of the number of ** in this offering (i.e., no more than 3.75 million shares), and the issuance does not involve the public offering of shares by the company's original shareholders.
The company originally planned to raise 20,238840,000 yuan, which is planned to be used for AWG and unequal splitter industrialization projects, R&D center upgrade projects, and replenishment of working capital.
The sponsor (lead underwriter) of Honghui Guangtong is the first **shares***, and the sponsor representatives are Meng Xiangxiang and Zhou Fei.
*: China Economic Net.