Deloitte China assists listing of Maxio Technology on SSE STAR Market
Deloitte China assisted Maxio Technology (Hangzhou) Co. (Maxio Technology, stock code: 688449.SH) to list on the SSE STAR Market on 29 November 2024.
In this offering, Maxio Technology offered 100 million A shares raising more than RMB1.1 billion.
Maxio Technology’s management team and shareholder representatives and Deloitte China’s Audit & Assurance engagement team attend Maxio Technology’s listing ceremony at Shanghai Stock Exchange
(Left) Dora Liu, deputy CEO of Deloitte China, and Xiao Ling Fang, chairman of Maxio Technology, at the Maxio Technology Iisting ceremony, Shanghai Stock Exchange
Client overview
Maxio Technology is a chip design company, focusing on the research and development and industrialization of data storage controllers and AIoT signal processing and transmission chips. With the company having accumulated its technology expertise and built its brand for many years, devices that are equipped with Maxio Technology's products have been widely used in consumer electronics, intelligent Internet of Things, industrial control, data communication, and other fields.
Deloitte’s role
Maxio Technology is the 1st company to pass its offering review meeting since the introduction of the State Council’s nine new measures. Its passing of the offering review meeting and subsequent listing will help to revive the A-share capital market and further foster Chinese technological innovation and industrial upgrading.
The success of the Maxio Technology IPO engagement not only illustrates Deloitte China's in-depth and precise understanding of capital market support for innovative technology companies, but also demonstrates the profound results of Deloitte China's long-term dedication to serving strategic clients.
We were appointed as the reporting accountant of Maxio Technology since the official commencement of its A-share listing work. Throughout the engagement, the engagement team has been committed to listing Maxio Technology, by using its wealth of industry experience, outstanding professional skills and capital market service experience, and a philosophy of high service quality.
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Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China’s reform, opening-up and economic development. We are a globally connected firm with deep roots locally, owned by our partners in China. With over 20,000 professionals across 31 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit, tax and consulting services.
We serve with integrity, uphold quality and strive to innovate. With our professional excellence, insight across industries, and intelligent technology solutions, we help clients and partners from many sectors seize opportunities, tackle challenges and attain world-class, high-quality development goals.
The Deloitte brand originated in 1845, and its name in Chinese (德勤) denotes integrity, diligence and excellence. Deloitte's global professional network of member firms now spans more than 150 countries and territories. Through our mission to make an impact that matters, we help reinforce public trust in capital markets, enable clients to transform and thrive, empower talents to be future-ready, and lead the way toward a stronger economy, a more equitable society and a sustainable world.
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