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Xingyuan Materials: Published the H-share prospectus, with a global offering of 150 million shares

MarsBitNews
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Mars Finance News, June 12—Xingyuan Material announced that the company is applying to issue overseas listed foreign shares (H shares) and list on the Main Board of the Hong Kong Stock Exchange. On June 12, the company published the H-share prospectus on the Hong Kong Stock Exchange website. The base number of H shares for this global offering is 150 million shares, including 15 million shares for the Hong Kong public offering, accounting for approximately 10%, and 135 million shares for the international offering, accounting for approximately 90%. The maximum H-share issue price is no more than HKD 8.98 per share. The Hong Kong public offering will begin on June 12 and is expected to end on the 17th; the issue price will be announced before the 18th. The H shares are expected to be listed on the 23rd. (Company Announcement)
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