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Yongxing Dongrun, from Xiamen, Fujian, went public in Hong Kong and received a “filing notice” from the China Securities Regulatory Commission
According to the new overseas listing and filing regulations for domestic companies that came into effect on March 31, 2023, companies chose to list H-shares in Hong Kong. The original path of big and small is a thing of the past. Companies listed overseas can directly submit a prospectus, and the roadmap will be replaced by a “filing notice”.
Yongxing Dongrun switched to the Hong Kong Stock Exchange IPO, with both revenue and net profit falling in 2022
Liu Zhiying of Leju Finance. On June 23, according to the Hong Kong Stock Exchange, Yongxing Dongrun International Holdings Co., Ltd. (hereinafter: Yongxing Dongrun) submitted a listing application to the Hong Kong Stock Exchange. The co-sponsors were CITIC Securities and CMB International. The company's main operating entity, Yongxing Dongrun Clothing Co., Ltd., applied for listing on the Shenzhen GEM in December 2021 and later withdrew its application in October 2022.
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