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2026-06-11 00:00 China Funding Public Markets Source language ZH

China's Neuracle Files for Shanghai IPO, Seeking RMB 2.5 Billion

Summary The Shanghai Stock Exchange accepted an IPO application from Neuracle, which is seeking RMB 2.5 billion for BCI product development, industrialization and working capital. The filing shows an established non-invasive neurophysiology equipment business alongside invasive products that still require clinical, regulatory and commercialization spending. Acceptance starts the review process and is not approval to list.
Why it matters The prospectus puts Neuracle's revenue, losses, product pipeline and capacity plans into one regulated disclosure, creating a rare public benchmark for China's BCI sector.
BCIwiki (bciwiki.com) — The Shanghai Stock Exchange accepted Neuracle’s application for a science and technology board IPO on June 11, 2026. The Shanghai-based company is seeking RMB 2.5 billion for BCI product development, industrialization projects and working capital.

Neuracle sells non-invasive neurophysiology equipment including EEG acquisition and transcranial stimulation systems, while developing invasive products for indications including quadriplegia, epilepsy and stroke. Its prospectus brings product stages, clinical progress, capacity plans and financial data into a regulated public disclosure.

Exchange acceptance only starts the review. Neuracle must still pass inquiries, listing review and registration, and both the fundraising amount and project plan may change before any offering.

Compiled by BCIwiki from public sources

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Neuracle timeline

2026-10 Neuracle Lists Implanted EEG Electrode Kit in NMPA UDI Database 2026-10 Neuracle Lists K1014-35 Implantable EEG Electrode Kit in UDI Database 2026-10 Neuracle Lists Model 1014-25 Cortical Electrode in NMPA UDI Database 2026-10 Neuracle Lists K1014-15 Implantable EEG Electrode Kit in UDI Database All entries →
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