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Deshuo Technology's IPO at Beijing Stock Exchange passes review, stability of operating performance questioned
Beijing Business Daily (Reporter Ma Huanchuan, Li Jiaxue) reported that on the evening of March 5th, the Beijing Stock Exchange official website showed that Zhejiang Deshuo Technology Co., Ltd. (hereinafter referred to as “Deshuo Technology”) was approved on the day of its IPO listing meeting.
It is reported that Deshuo Technology is a high-tech enterprise mainly engaged in the research and development, production, and sales of handheld electric tools such as electric hammers and electric pickaxes, as well as related accessories. The company’s IPO was accepted on June 24, 2025, and entered the inquiry stage on July 17 of the same year. The company plans to raise 270 million yuan in this listing attempt.
At the listing committee meeting, the committee required Deshuo Technology to analyze the reasons and rationality for performance growth during the reporting period based on the sales revenue trends of comparable companies in the same industry; and to explain the stability of operating performance by considering post-period order situations, technological advantages, customer stickiness, and market development efforts.