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Kunlun New Energy Secures CSRC Approval for Hong Kong IPO
1 day ago /
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Author：小编
Kunlun New Energy Materials Technology (Yichang) Co., Ltd. has officially obtained filing approval from the China Securities Regulatory Commission (CSRC) for its proposed overseas listing and the full circulation of its domestic unlisted shares. The company is set to issue up to 154,159,500 ordinary shares as part of its overseas listing plan, with the Hong Kong Stock Exchange earmarked as the listing venue. Concurrently, 27 of the company's shareholders have expressed their intention to convert a combined total of 324,217,410 domestic unlisted shares into overseas-listed shares. These converted shares will subsequently be listed and made available for trading on the Hong Kong Stock Exchange.
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