Eight years after A-shares saw the IPO of an airline, Chonglong Airlines plans to raise 2 billion yuan.

According to the official website of the Shanghai Stock Exchange on the evening of June 2nd, Zhejiang Changlong Airlines Co., Ltd.'s application for a main board IPO has been accepted. The prospectus shows that in this IPO, Changlong Airlines plans to raise no more than 2 billion yuan, which will be used for the A320 series aircraft introduction project, spare engine purchase project, and supplementary working capital. If successfully listed, Changlong Airlines will become the second passenger airline to be listed on the A-share market after Hainan Airlines in March 2018, as well as the fifth private A-share listed airline.