Shenzhen Kinwong Electronic Co., Ltd. Obtains CSRC Filing Approval for Overseas Offering and Listing, Proposes Issuance of Up to 125.8371 Million H Shares
NewTimeSpace News: The Department of International Cooperation of the China Securities Regulatory Commission (CSRC) has issued a Filing Notice for Overseas Securities Offering and Listing to Shenzhen Kinwong Electronic Co., Ltd. The Company plans to issue no more than 125,837,100 overseas-listed ordinary shares for listing on The Stock Exchange of Hong Kong Limited.
NewTimeSpace News: The filing documents submitted by Shenzhen Kinwong Electronic Co., Ltd. for its overseas securities offering and listing have been approved for filing by the Department of International Cooperation of the China Securities Regulatory Commission.
Per the Filing Notice, the Company intends to issue a maximum of 125,837,100 overseas-listed ordinary shares and seek a listing on The Stock Exchange of Hong Kong Limited.
The Filing Notice clarifies that if the Company fails to complete the overseas securities offering and listing within 12 months from the date of issuance of the notice, it shall update the filing documents if it intends to proceed with the offering and listing.
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