The CSRC has approved Langgao Technology's IPO registration on the ChiNext board.

Zhitong Finance APP has learned that on October 16, the CSRC issued the "Reply on Approving the Registration of the Initial Public Offering of Suzhou Langgao Electric Technology Co., Ltd." It is reported that Langgao Technology is listed on the ChiNext Board of the Shenzhen Stock Exchange, with Huatai United Securities as its sponsor institution, and plans to raise 987.96 million yuan.