Ceyear Technologies (SHE:301689) set the online roadshow for its initial public offering on the Shenzhen Stock Exchange's ChiNext Market on Aug. 27, Thursday, according to a Wednesday bourse filing.
The electronic measuring instrument manufacturer will offer 102.1 million shares, representing 11.00% of the company's total shares. Of these, over 40.8 million shares, or 40% of the total offering, will be offered in the initial strategic placement.
As for the online offering, 40.8 million shares, or 80% of the total offering after deducting the initial strategic placement, will be offered before the activation of the clawback offering.
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