Friendrise Corporation's IPO on the Shanghai Stock Exchange has been approved by the Listing Committee. The sales from the top five clients account for more than 50% of total sales.

According to the Securities Times app, on June 20, Shanghai Yousheng Aluminum Industry Co., Ltd. (referred to as Yousheng Shares) passed the listing committee meeting of the Shanghai Stock Exchange main board. The IPO sponsor is Guotai Junan Securities, with plans to raise 2.471 billion yuan.