Xinlv Times is a company primarily engaged in the research and development, production, and sales of aluminum alloy parts for new energy vehicle battery systems. The company's IPO application on the ChiNext Board was accepted by the Shenzhen Stock Exchange on December 28, 2022, successfully passed the review on September 22, 2023, and was submitted for registration on June 17 of this year. The company plans to publicly issue no more than 23,973,600 new shares, aiming to raise funds of 1 billion yuan. The funds will be used for the Nanchuan District project with an annual production capacity of 800,000 sets of new energy vehicle parts and to supplement working capital. The company's main product is battery box housings.
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