INST Magnetic New Material to Launch IPO on Shenzhen Stock Exchange's ChiNext Board

MT Newswires Live11-14 11:37

Botou INST Magnetic New Material (SHE:301622) plans to launch an initial public offering on the Shenzhen Stock Exchange's ChiNext Board.

The Chinese magnetic device manufacturer will issue up to 28,982,970 shares, according to a bourse filing on Thursday.

The company will hold a price inquiry on Nov. 18, with the final offer price to be determined on Nov. 21.

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