This week, four new companies, including Kunlun Core and Colid, completed domestic IPO counseling filings.

Mars Finance News, May 10 — The China Securities Regulatory Commission (CSRC) website disclosed that this week (May 4 to 10), a total of 4 domestic companies have newly filed for guidance and registration for listing. They are Bondy Intelligent Technology (Shanghai) Co., Ltd., Dalian Kolid Semiconductor Materials Co., Ltd., Kunlun Core (Beijing) Technology Co., Ltd., and Jiangsu NiuPai Mechanical & Electronic Co., Ltd. Among them, Kunlun Core has initiated the A-share IPO process for the first time, while the H-share listing is also underway. It was formerly Baidu’s Smart Chip and Architecture Department, which began accelerating computing layout in 2011. In 2021, it established an independent company, with Baidu’s chip chief architect Ouyang Jian serving as CEO. The company completed financing in March of that year, with an estimated valuation of about 13 billion yuan. Over the following four years, Kunlun Core completed intensive financing rounds from A to D, with investors including BYD, CITIC Construction Investment, Junlian Capital, and Beijing Artificial Intelligence Industry Investment Fund. Bondy Intelligent was founded in 2018, mainly producing intelligent manufacturing equipment for stators of new energy vehicle motors. The actual controllers are Wang Xianfeng and Chen Lijia, who jointly control 77.63% of the shares. In 2025, the company’s revenue is projected to reach 423 million yuan, with a net profit of 47.44 million yuan after deducting non-recurring gains and losses. Kolid was established in 2001, engaged in the research and industrialization of high-purity electronic gases, semiconductor precursors, and other electronic materials. It applied for an initial public offering on the Shanghai Stock Exchange STAR Market in June 2023 and listed there, but in February 2024, it withdrew its listing application. NiuPai Mechanical & Electronic is a textile equipment manufacturing company founded in 1993, now listed on the New Third Board, and recognized as a national-level specialized and innovative “Little Giant” enterprise. On November 3, 2023, it submitted guidance and registration materials for its initial public offering and listing to the Jiangsu Securities Regulatory Bureau, with Southwest Securities acting as the guidance institution. On March 17, 2026, Southwest Securities submitted an application to terminate the guidance registration. The company received confirmation of the termination of guidance from the Jiangsu Securities Regulatory Bureau on March 23, 2026. (Kebao Broadcast)

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