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<IPO> Binhua Group (601678.SH) Files with CSRC for Hong Kong IPO
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Mainland chemical producer Binhua Group (601678.SH) announced that it recently received a filing notice from the China Securities Regulatory Commission regarding its overseas issuance and listing. The company plans to issue no more than 405 million overseas-listed ordinary shares and seek a listing in Hong Kong (IPO). Binhua Group submitted its application for a Hong Kong listing last Fri (24th). Huatai International and CCBI are acting as joint sponsors. According to the preliminary prospectus, the groups principal business segments comprise three core areas: chlor-alkali chemicals, C3 and C4 chemicals, and wet electronic chemicals, supported by a comprehensive product portfolio. Core products include caustic soda, propylene oxide, MTBE and electronic-grade hydrofluoric acid. (ta/w) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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