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09 Dec
06:00

CSRC approves Hunan Yuneng New Energy Battery Material's IPO application

China Securities Regulatory Commission (CSRC) has given the greenlights for Hunan Yuneng New Energy Material's planned initial public offering (IPO), Kallanish learns. The company plans to raise CNY 1.8 billion ($258.92 million) for lithium iron phosphate projects with a total production capacity of 120,000 tonnes/year. As of the first half of this year, it has already constructed production lines with a total annual capacity of 343,000 t. It plans to gr…
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