The Shenzhen Stock Exchange’s listing committee cleared xFusion Digital Technologies’ ChiNext IPO application on November 12, 2026, finding that the AI server maker met issuance, listing and disclosure requirements. The proposed offering targets RMB 8 billion for computing infrastructure, manufacturing, research and working capital. The decision does not complete the IPO. The exchange’s project record shows acceptance on May 22, 2026, inquiries from June 4 and no registration result. The latest…