[Alibaba Semiconductor launches IPO counseling] On November 11, the China Securities Regulatory Commission website disclosed that Alibaba Semiconductor Equipment (Shanghai) Co., Ltd. (hereinafter referred to as "Alibaba Semiconductor") will apply for counseling registration at the Shanghai Securities Regulatory Bureau on November 10, 2026. It plans to issue shares for the first time and go public. The counseling broker is Shenwan Hongyuan Securities Underwriting and Sponsor Co., Ltd. According to public information, Alibaba Semiconductor is a specialized company that focuses on the design and processing of precision mechanical parts for semiconductor equipment and the processing of non-standard parts. It is a high-tech enterprise that provides various precision parts and inspection tools for semiconductor PECVD, ETCH, degumming machines, glue coating and developing machines and other equipment, solar equipment, medical equipment, optoelectronic communication equipment, etc.