25
Oct
03:19
Zhejiang Yongjin receives IPO application approval
The Zhejiang Lanxi Financial Office reports that the initial public offering application for Zhejiang Yongjin Metal Technology in Lanxi City has been approved. The company aims to list on the Shanghai Stock Exchange.
The company announced on its IPO prospectus it plans to raise CNY 1.175 billion ($166 million) through the listing for the development of a 75,000 tonne/year ultra-thin precision stainless steel strip project, Kallanish note…
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Anonymous
Very good overview of the weekly steel market.
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