Changguan Chenxin Harbor Stock IPO and domestic unlisted shares to achieve "full circulation" approved by the China Securities Regulatory Commission.
The International Cooperation Department of the China Securities Regulatory Commission issued a notice on the overseas issuance and listing as well as the "full circulation" of unlisted shares of Changchun Changguang Chenxin Microelectronics Co., Ltd. The company plans to issue no more than 75,088,300 ordinary shares for overseas listing and listing on the Hong Kong Stock Exchange. Twenty-two shareholders of the company intend to convert a total of 225,844,300 unlisted domestic shares into overseas listed shares, which will be listed and circulated on the Hong Kong Stock Exchange.
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