On June 6, the Shanghai Stock Exchange formally accepted the Initial Public Offering (IPO) application of Chongqing Zhixin Industrial Co., Ltd. (Zhixin). Zhixin specializes in the development, processing, production, and sales of automotive stamping and welding parts, along with related molds. It serves as a tier-one supplier to notable automakers including Changan Automobile, Geely Automobile, Changan Ford, NIO, Li Auto, BYD, and Great Wall Motors. Additionally, on the same day, the Listing Committee of the Shanghai Stock Exchange approved the IPO application of Jiangyin Huaxin Precision Technology Co., Ltd., a company engaged in the production and sales of precision stamping dies.