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Century Digital's North Exchange IPO receives a second inquiry; before listing, the actual controller's dividend amounts to 17 million
Ask AI: Does a Large Dividend Before Listing by the Actual Controller Affect Investor Confidence?
According to a notice from the Beijing Stock Exchange, on March 30, Zhengzhou New Century Digital Technology Co., Ltd. (abbreviated as “Century Digital”) received a second round of inquiry letter. The questions involve issues such as the sustainability of performance and the authenticity of purchases made from key suppliers.
According to the materials, Century Digital focuses on digital inkjet printing technology. Its principal business centers on industrial applications of textile digital printing, advertising signage, and digital printing for corrugated paper box packaging. The company specializes in the research, production, and sales of digital printing equipment such as digital inkjet printing machines, digital printers, and digital printing machines for corrugated color cartons, as well as related components, accessories, and consumables.
Century Digital’s controlling shareholder and actual controller is Jin Lifeng, who directly holds 88.24% of Century Digital’s shares. In 2024, Century Digital distributed a cash dividend of 20M yuan. Based on the shareholding proportion, Jin Lifeng’s dividend amounted to 17.65M yuan.