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CSRC approved the IPO registration of Yongjie New Materials on the Shanghai Stock Exchange's main board.

Market IntelThursday, Nov 21, 2024 6:40 am ET
1min read

On November 21, the China Securities Regulatory Commission issued the "Approval of the China Securities Regulatory Commission on the Registration of the Initial Public Offering of Yongjie New Materials Co., Ltd." It is reported that Yongjie New Materials plans to list on the Shanghai Stock Exchange's main board, with IPO sponsor East China Securities, and plans to raise Rmb2.089bn.

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Silgro94
11/21
This IPO could be a diamond hands play 🚀
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mrpoopfartman
11/21
Watching $YONG stock for a possible short squeeze
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Value Vet
11/21
IPOs are like crypto pumps, but with more regulators. Who's got their eye on Yongjie's potential gains?
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OneTrickPony_82
11/21
Hope Yongjie's margins hold up after listing.
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2strange4things
11/21
Another RMB fundraising boom in China's market.
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Wanderer_369
11/21
Seems like Yongjie New Materials is gearing up for a big listing. 🚀 Rmb2.089bn is no joke. Wonder if they can handle that kind of cash flow. Hopefully, it's not just hype without substance. Keeping an eye on this one.
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