In November 2025, Wuhan Yunling Optoelectronics Co., Ltd. officially commenced its IPO tutoring process in preparation for a listing on the Beijing Stock Exchange, with Shengang Securities appointed as the tutoring institution. Notably, the company operates without a controlling shareholder or an actual controller. Instead, its largest shareholder, Wuhan Fengchuang Weiyuan Technology Partnership (Limited Partnership), holds a 21.74% equity stake in the company.
