PXI Auto Components (SHE:301560) on Thursday filed for an initial public offering of 30.4 shares on the Shenzhen Stock Exchange's ChiNext board.
Proceeds will be used for expanding production scale and boosting brand influence of the high-precision cooler base plate manufacturer, according to a filing with the Shenzhen bourse.
The shares will be issued April 15.
Tianfeng Securities serves as lead underwriter.