Ceyear Technologies Files for Shenzhen IPO
MT Newswires Live09:46
Ceyear Technologies (SHE:301689) plans to list 102.1 million shares, representing 11% of its post-initial public offering equity, on Shenzhen's ChiNext board, according to a Thursday prospectus.
Proceeds will fund high-end production line upgrades, next-generation mobile communications testing research and development, and a technology innovation center.
The electronic measuring instrument manufacturer expects to issue the IPO shares on Aug. 28
Guotai Haitong Securities serves as lead underwriter.
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