HybriTech Semiconductor (Shanghai) Co., Ltd. has embarked on the pre-IPO tutoring process, with CITIC Securities serving as the designated tutoring institution. The company boasts a decentralized shareholding structure, ensuring the absence of a controlling shareholder. Through direct and indirect means, Qian Jun and Zhang Lei collectively possess 42.1465% of the company's voting rights. They have signed a concerted action agreement, jointly assuming the roles of chairman and director, thereby functioning as the company's co-actual controllers.