Shanghai Stock Exchange terminates listing review of Deyiwei on the Science and Technology Innovation Board

The Shanghai Stock Exchange recently announced the termination of its review of the initial public offering and listing of Deyi Microelectronics Co., Ltd. (hereinafter referred to as Deyi Micro) on the Science and Technology Innovation Board. Deyi Micro and its sponsor, China Merchants Securities Co., Ltd., have submitted an application to withdraw the application documents. Deyi Micro is one of the few companies in China that has mastered the core technology of storage control and has the ability to ship storage control chips on a large scale.