Xi'an Eswin Materials Technology Launches Shanghai IPO
MT Newswires Live2025-09-25
Xi'an Eswin Materials Technology (SHA:688783) is looking to offer up to 537,800,000 shares in an initial public offering on the Shanghai Stock Exchange.
The semiconductor manufacturer's shares on offer are equivalent to 13.32% of the entire shareholding of the company following the completion of the IPO, according to a Thursday stock exchange disclosure.
Following the issuance, Eswin will have 4,037,800,000 shares in issue.
CITIC Securities (HKG:6030, SHA:600030) is the sponsor and lead underwriter of the issuance.
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