The China Securities Regulatory Commission has approved the IPO registration of South Network Digital Shenzhen Stock Exchange

On October 17, the China Securities Regulatory Commission issued a reply approving the initial public offering registration of Southern Power Grid Digital Grid Research Institute Co., Ltd. It is reported that Southern Power Grid Digital plans to list on the Shenzhen Stock Exchange, with CMS as its sponsor, aiming to raise 2.55446 billion yuan. According to the prospectus, the company provides comprehensive digital construction solutions for clients in the power energy and other industries based on new generation information technology, and is committed to building a world-class digital and intelligent innovation platform for power grids. At the same time, leveraging the technology and experience accumulated in the digital transformation practices within the power energy industry, the company is gradually expanding its products and services into fields such as transportation, water and gas, government and public security, and urban construction. After years of development, the company has established cooperative relationships with numerous state-owned enterprises and industry leaders, including Southern Power Grid, Inner Mongolia Power Group, State Grid, China Huaneng, China Huadian, China General Nuclear Power Group, China Three Gorges Corporation, State Power Investment Corporation, China Railway Construction Corporation, China Railway Group, Beijing Energy Group, Guangzhou Urban Investment, and Siwei Map