CanSemi Technology (SHE:301660) priced its initial public offering on Shenzhen's ChiNext board of 512.6 million shares at 12.01 yuan apiece to raise 6.16 billion yuan.
Offline subscription payment and online subscription will be on Sept. 24, according to a Wednesday notice on the Shenzhen bourse.
Proceeds will be used for capacity expansion and technological upgrading.
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