Shenzhen Stock Exchange: Terminate the first publicly issued shares of the square software and listed on the GEM for review

Author:China Economic Network Time:2022.06.17

The Blue Whale TMT Channel June 16th, the Shenzhen Stock Exchange issued the first publicly issued shares to the termination of Fangcang Software Co., Ltd. (hereinafter referred to as "Fangfang Software") and reviewed it on the GEM.

According to the prospectus, the square software was established in 1999. It is a software company focusing on providing educational information solutions for domestic colleges and universities, secondary vocational schools and education administrative departments. The main services provided include software development, operation and maintenance, operation and maintenance And service, hardware and integration.

In terms of performance, during the reporting period (2019-2021), the company's operating income was 147 million yuan, 186 million yuan, and 210 million yuan, respectively, with net profit of 54.527 million yuan, 87.6129 million yuan, and 811.17 million yuan.

According to the Shenzhen Stock Exchange documents, the Shenzhen Stock Exchange accepted the company's first public offering of shares and listed on the GEM on December 6, 2021, and reviewed it in accordance with laws and regulations.

On June 13, 2022, the company submitted to the Shenzhen Stock Exchange's "Fangfang Software Co., Ltd. on the withdrawal of the first public offering of the shares and the application documents on the GEM". The sponsor submitted to the Shenzhen Stock Exchange "Haitong Securities Co., Ltd. Application on the withdrawal of the first public offering of the shares and the application documents for the listing of the GEM ".

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