Affected by the epidemic, geerwei suspended its gem IPO

On March 21, the official website of Shenzhen Stock Exchange showed that the IPO of goerwei, a Goertek Inc(002241) subsidiary, was changed to suspended. According to the announcement of Shenzhen Stock Exchange, due to the impact of covid-19 pneumonia epidemic, the issuer and the sponsor actively applied to suspend the issuance and listing audit procedures. According to the relevant provisions of Article 64 of the Shenzhen Stock Exchange gem stock issuance and listing audit rules, Shenzhen Stock Exchange suspended its issuance and listing audit.

According to the prospectus, goerway is a semiconductor company focusing on the R & D, production and sales of MEMS devices and micro system modules. It is also the only subject engaged in microelectronics related business in Goertek Inc(002241) system. On December 28, 2021, the company’s IPO was accepted by Shenzhen Stock Exchange and passed the inquiry on January 26, 2022.

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