🇨🇳Brain-computer-interface developer Shuli Innovation (术理创新) registered for STAR Market IPO counseling, appointing Huatai United Securities.

Shuli Innovation (术理创新), formally Shuli Innovation (Shanghai) Intelligent Technology Co., Ltd. (术理创新（上海）智能科技股份有限公司), began counseling for a proposed initial public offering on Shanghai’s Science and Technology Innovation Board, or STAR Market. The company completed its counseling-registration filing with the Shanghai branch of the China Securities Regulatory Commission on September 4.

Huatai United Securities was appointed as the IPO counseling institution. Registration for counseling begins the preparatory process, but it is not an exchange acceptance, regulatory approval, offering launch, pricing, or completed listing.

The development followed the Shanghai Stock Exchange’s June acceptance of a STAR Market application from another Shanghai brain-computer-interface company, Boruikang (博睿康). The source characterized Shuli Innovation as another brain-computer-interface developer entering the capital-market preparation process.

No proposed fundraising amount, valuation, share count, use of proceeds, financial results, dilution terms, cornerstone investors, or expected listing date was disclosed.