SHA:601091

2 stories mentioning SHA:601091Updated just now

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ShenGu Group Prices 1.37 Billion Yuan Shanghai IPO

Equipment manufacturer ShenGu Group (SHA:601091) has priced its initial public offering on the Shanghai Stock Exchange, seeking to raise 1.37 billion yuan, according to a notice on the bourse Monday.The company plans to issue 311.0 million shares at 4.39 yuan apiece.Proceeds will fund green technology industrialization, research and development digitalization, clean energy factory upgrades, and a nuclear pump pilot base.Subscriptions for the IPO will open on Tuesday.China International Capital serves as lead underwriter, with Guotai Haitong Securities as joint lead underwriter.

SHA:601091

Asia6d ago

Equipment Manufacturer ShenGu Files Shanghai IPO Prospectus

Equipment manufacturer ShenGu Group (SHA:601091) on Tuesday filed its prospectus for an initial public offering of 311 million shares, representing 10% of the post-IPO total, on Shanghai's Main Board.Proceeds will fund green technology industrialization, research and development digitalization, clean energy factory upgrades, and a nuclear pump pilot base, according to the prospectus.Listing will be on Sept. 8.China International Capital serves as lead underwriter, with Guotai Haitong Securities as joint lead underwriter.

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