Feishite Technology Harbour's IPO has been approved by the China Securities Regulatory Commission.
The International Cooperation Department of the China Securities Regulatory Commission issued a notice on the record-filing of the overseas issuance and listing of Ningbo Feishi Technology Co., Ltd. and the "full circulation" of domestically unlisted shares. The company plans to issue no more than 32,290,800 ordinary shares for overseas listing and listing on the Hong Kong Stock Exchange. 19 shareholders of the company plan to convert a total of 115,738,249 domestically unlisted shares into overseas listed shares, which will be circulated on the Hong Kong Stock Exchange.
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