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Tianjin Fuji-Ta Bicycle to Hold Shanghai IPO Online Roadshow Thursday

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Bicycle maker Tianjin Fuji-Ta Bicycle Industrial (SHA:603468) will host an online investor roadshow on Thursday ahead of its initial public offering on the Shanghai Stock Exchange's main board.

The IPO will consist of 41.2 million shares, accounting for 10% of the company's share capital post-IPO, according to a bourse filing on Wednesday.

Of the total, 28.9 million shares, or 70%, will be allocated to institutional investors, while the remaining 12.4 million shares will be offered to retail investors online.

The final issue price will be determined through a preliminary offline inquiry process.

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