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The Securities Regulatory Commission agreed to the IPO registration of Baolun Shares on the Shanghai Stock Exchange
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The Zhitong Finance App learned that on November 6, the Securities Regulatory Commission issued the “Approval to Register the Initial Public Offering of Shares by Guangdong Baolun Electronics Co., Ltd.” According to reports, Baolun Co., Ltd. plans to be listed on the main board of the Shanghai Stock Exchange. GF Securities is its sponsor and plans to raise 1,583 billion yuan.

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According to the prospectus, Baolun Co., Ltd. is an industry-leading provider of “sound, light, electricity, video and communication” system solutions. It is mainly engaged in R&D, production and sales of professional audiovisual products such as public broadcasting systems, professional sound reinforcement systems, smart conference systems, display terminal systems, command management systems, and lighting systems.

Since its establishment in 2008, the company has been deeply involved in the field of professional audiovisual technology. With “technology leadership, deep scene cultivation, and ecological co-construction” as its development strategy, it has now become a leading domestic enterprise with a complete product line and a wide range of application scenarios, and has one-stop service capabilities from product R&D, manufacturing to overall solution design and implementation.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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