As per the official website of the Beijing Stock Exchange (BSE), Shanghai Tiniu Technology Co., Ltd. has officially filed a report to discontinue its pursuit of a listing on the BSE, along with the withdrawal of all pertinent documents. Consequently, the BSE has made the decision to halt the review process for its initial public offering (IPO) and subsequent listing on the exchange.
Established in 2004, Tiniu Technology is a company mainly devoted to the research and development, manufacturing, sales, and after-sales service of semiconductor cleaning equipment and centralized liquid supply systems. On June 30, 2025, the BSE accepted its IPO application, with China Securities serving as the sponsor. During the review phase, the company responded to one round of inquiries and experienced one suspension of the review. However, it was unable to successfully address the second round of inquiries, leading to its ultimate decision to voluntarily withdraw its application.
