CSRC To Review 5 ChiNext IPO Applications On March 9

The China Securities Regulatory Commission (CSRC) will on March 9 review the initial public offering (IPO) applications of five companies which are intending to list on the ChiNext board, reports China Business News, citing an announcement by the CSRC.

Ningbo GOY Video & Telecom Joint Stock specializes in the production and sale of large-sized screen walls of 50 inches, 60 inches and 80 inches. It plans to issue 13.64 million shares.

Beijing SJ Environmental Protection and New Material is engaged in the production of desulfurizers, desulfurization catalysts and other purifying reagents. It plans to issue 25 million shares.

Yantai Longquan Power Technology focuses on the research, design and manufacturing of combustion controlling systems. In addition, it provides training and technical consulting services. It plans to issue 22 million shares.

Zhejiang Jinlihua Electric manufactures glass insulators for high-voltage and ultrahigh-voltage power transmission lines and transformers. It intends to issue 15 million shares.

Anoky Textile Chem is engaged in the research, production and sale of advanced dyestuff. It plans to issue 27 million shares.