Nabai Chuan's IPO on the ChiNext board has been approved, becoming a strategic supplier for Ningde Times (300750.SZ).

According to the Securities Times app, on August 28th, Nabc Energy New Energy Co., Ltd. (referred to as Nabc) passed the listing committee meeting of the ChiNext Board of the Shenzhen Stock Exchange. The sponsoring institution is Zheshang Securities, and it plans to raise 729 million yuan.