Ningbo Lian Technology (SHE:300784) secured approval from the China Securities Regulatory Commission to launch its initial public offering on the Shenzhen Stock Exchange's ChiNext board.
The Chinese electronic product manufacturer will offer to 14.1 million shares for 28.3 yuan per share, according to a filing on the Shenzhen bourse.
The company is aiming to raise up to 397.9 million yuan from the offering.
Subscriptions will begin on May 28, Tuesday, and the company will trade under stock code 300784 and stock name Lian Technology.
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