On the evening of October 9, the Shanghai Stock Exchange announced that Qichacha Technology Co., Ltd. and its sponsor CITIC Securities Co., Ltd. had withdrawn their issuance and listing application, and in accordance with the relevant provisions of Article 63 of the Shanghai Stock Exchange Rules for the Review of Stock Issuance and Listing, the exchange terminated its issuance and listing review.

Qichacha's application for an IPO on the Shanghai Stock Exchange main board was accepted on October 10, 2025, with a planned fundraising of 1.5 billion yuan.

As a comprehensive commercial big data service provider, by the end of 2025, Qichacha's products had accumulated more than 160 million registered users and nearly 80 million monthly active users.

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