Shenzhen JPT Opto-Electronics (SHA:688025) subscribed to 30 million yuan worth of strategic placement shares in the initial public offering of 12.2425%-owned Wuhan Changjin.
The company will acquire 732,064 shares at 40.98 yuan each, representing 3.13% of Wuhan Changjin's total offering, according to a Thursday filing with the Shanghai bourse.