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08 Sep
10:01

MGL New Materials to be listed on GEM

The Shenzhen Stock Exchange announced on Tuesday that it has approved the initial public offering of Tianjin Guoan Mengguli New Materials Science & Technology (MGL New Materials). It will be listed via the Growth Enterprises Market, which is also known as the Second-board Market.  According to the prospectus, it intends to raise CNY 700 million ($100.58m) through this IPO for a 10,000 tonnes/year lithium-ion battery cathode material industrialis…
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