Valiant (SHE:002643) received approval from the National Equities Exchange and Quotations, China's over-the-counter trading system, to publicly transfer and list subsidiary Yantai Jiumu Chemical on the platform, according to a Shenzhen Stock Exchange filing on Tuesday.
The approval is valid within 12 months, the Chinese provider of environmental protection materials said.
The company's shares rose less than 2% in recent trade.
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