Luzhou Bearing Group (SHE:301699) scheduled an online investor roadshow on Aug. 30 for its initial public offering on the Shenzhen Stock Exchange's ChiNext board.
The bearing manufacturer plans to issue 124 million shares, equivalent to a 17.13% stake in the company post-offering, according to a Monday filing with the Shenzhen.
The initial strategic placement offering consists of 49.6 million shares, or 40% of the total IPO size.
Huatai Securities is the lead underwriter of the IPO.
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