Alnera Aluminium Plans to Offer About 24 Million Shares in Shenzhen IPO

MT Newswires Live09-26

Alnera Aluminium (SHE:301613) filed for an initial public offering on the Shenzhen Stock Exchange on Thursday.

The Chongqing, China-based aluminum alloy parts maker for new energy vehicle battery systems plans to offer up to 23,973,600 shares. The price is yet to be determined.

The shares will account for 25% of the company's total share capital after the IPO.

CITIC Securities (HKG:6030, SHA:600030) is the sponsor and lead underwriter for the offering.

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