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Shengye Electric's IPO on the Beijing Stock Exchange has been approved.

On the evening of October 10th, Beijiao Exchange official website disclosed that Shengye Electrical Co., Ltd. passed the meeting on the same day. According to the prospectus, Shengye Electrical is a professional thin film capacitor enterprise, which provides motor capacitors, power electronics capacitors, and power capacitors for globally renowned equipment enterprises based on its product performance and scale advantages.

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