Deloitte China assists listing of Maxio Technology on SSE STAR Market

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Deloitte China assists listing of Maxio Technology on SSE STAR Market

Published date: 29 November 2024

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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