Why didn't Pangu Intelligence release it after the meeting?

The listing cost is high. The reason why Pangu Smart has not been issued since the meeting is that the listing cost of this enterprise is too high and it has been under negotiation, which leads to its non-listing. Listing is a term in the securities market. In a narrow sense, listing, that is, initial public offering, refers to the process that enterprises issue additional shares to investors for the first time through the stock exchange in order to raise funds for enterprise development. When a large number of investors subscribe for new shares, they need to draw lots for allotment, which is also called drawing new shares. Investors who subscribe expect to sell at a price higher than the subscription price. Qingdao Pangu Intelligent Manufacturing Co., Ltd. was established on 20 12, which is a high-tech enterprise integrating R&D, production and sales. The company is committed to research and development of automatic lubrication technology with independent intellectual property rights and core competitiveness, and provides competitive overall solutions for equipment lubrication for domestic and foreign customers. At the same time, the company develops and manufactures hydraulic systems according to customer needs. As a professional centralized lubrication R&D enterprise, Pangu Intelligent has applied for a number of national invention patents, and its products are widely used in wind power equipment, locomotive lubrication, track lubrication, construction machinery, commercial vehicles, port equipment and other fields. The company has passed the certification of IATF/KOOC-0/6949: 20/KOOC-0/6 and ISO 900/KOOC-0/:20/KOOC-0/5 quality management system and EHS/KOOC-0/400/KOOC-0/environmental and occupational health and safety management system. Products have passed CE certification and SGS certification.