-- Wuhan Changjin Photonics Technology (SHA:688635) launched its initial public offering on the Shanghai Stock Exchange, according to a Friday bourse filing.
The electronic components manufacturer will offer up to 23.4 million shares, accounting for 25% of its total share capital.
The expected issuance date is on May 18. Guotai Haitong Securities will serve as the lead underwriter.
Wuhan Changjin will have 93.7 million shares in issue following the IPO.