Hangzhou Gold Electronic Equipment (SHE:301669) said its initial public offering on the ChiNext Market has been approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission.
The company seeks to raise up to 849.6 million yuan via the IPO of 120 million shares at 7.08 yuan apiece, according to a Monday filing with the Shenzhen bourse.
Lottery results will be announced Tuesday.
Citic Securities serves as lead underwriter.