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19 Sep

Shenzhen Stock Exchange approves listing request of Smooth Way Material

The Shenzhen Stock Exchange has recently approved the listing request of Zhuhai Smooth Way Material, a company focusing on new energy battery materials and energy storage, Kallanish learns.  For this initial public offering, the company plans to issue up to 2.31 million shares, accounting for at least 25% of the total shares. It plans to raise CNY 1 billion ($137.08 million). Besides the supplementary working capital, the funds will be used for a first-phase …
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