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New Vision terminates GEM issuance registration

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2022-06-30 12:40:19

China Economic Net, Beijing, June 30. According to the official website of the Shenzhen Stock Exchange, on June 12, 2022, Huatai United Securities Co., Ltd., the sponsor of Jiangsu New Vision Technology Co., Ltd. Regarding the withdrawal of the application documents for the initial public offering of shares and listing on the Growth Enterprise Market by Jiangsu Xinshiyun Technology Co., Ltd.” (Huatai Lianzi [2022] No. 182), the company voluntarily requested to withdraw the registration application documents.

According to Article 30 of the Measures for the Administration of the Registration of Initial Public Offerings on the Growth Enterprise Market (for Trial Implementation), the China Securities Regulatory Commission has decided to terminate the registration process for Xinshiyun's issuance.

New Vision Cloud is a leading comprehensive service provider for court informatization in China. Through self-developed software and hardware equipment and Internet platforms, it provides courts with comprehensive solutions for court hearings, smart courts and other smart court construction, and assists courts at all levels with information. Technology has improved the justice and efficiency of the judiciary. Through years of continuous innovation, it has formed a core competitiveness and a market-leading position in the field of court informatization.The company's main business includes three categories of open court trial, smart court and other smart court business.

New Vision Cloud originally planned to issue no more than 13,333,400 new shares. Shareholders of the company did not publicly offer shares. The publicly issued shares accounted for no less than 25% of the company's total share capital after the issuance. It plans to raise funds of 557,752,800 yuan for court trials Public service system expansion project, smart court business upgrade and industrialization construction project, informatization and marketing network construction project.

 

The sponsor of Xinshiyun's issuance is Huatai United Securities Co., Ltd., and the sponsor representatives are Chen Qinlei and Shi Li.

(Editor in charge: Wei Jingting)

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