CSRC agrees to Yousheng's listing on the Shanghai Stock Exchange IPO registration.

On August 1st, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Shanghai Yousheng Aluminum Industry Co., Ltd." It is reported that Yousheng Stock intends to list on the main board of the Shanghai Stock Exchange, with Guotai Haitong as its sponsor institution, and plans to raise 2.471 billion yuan. According to the prospectus, Yousheng Stock is a professional manufacturer of aluminum alloy automotive parts that integrates design, development, production, sales, and service. The company has always focused on the field of lightweight automotive parts, committed to promoting the upgrading of new energy vehicle endurance and the energy saving and emission reduction of fuel-powered vehicles. The company's products mainly focus on the field of new energy vehicles, with the main products being automotive structural components, including door sills, battery trays, bumpers, subframes, etc. The company's products mainly focus on the field of new energy vehicles, with customers including leading global new energy vehicle manufacturers such as Tesla, Guangzhou Automobile Group, NIO, BAIC New Energy, Geely Group, forming long-term stable cooperative relationships. In the field of fuel-powered vehicles, the company's main customers include Lingyun Industrial, FAWER Automotive Parts, Huayu Automotive Systems, and other well-known first-tier automotive parts manufacturers.