Anhui Linping Circular Development Launches Shanghai IPO

MT Newswires Live

01/22

Anhui Linping Circular Development (SHA:603284) launched its initial public offering on the Shanghai bourse, seeking to offer up to 18.9 million shares, according to a prospectus filed Thursday.

The high-grade packaging materials company's IPO shares will constitute 25% of the company's entire shareholding following the offer.

Upon completion of the IPO, Anhui Linping's share capital will rise to 75.4 million shares.

Guolian Minsheng Securities' (HKG:1456) investment banking arm Guolian Minsheng Securities Underwriting & Sponsorship is the sponsor and lead underwriter of the offering.

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