Tozed Kangwei Tech (SHE:301718) priced its initial public offering on the Shenzhen Stock Exchange's ChiNext Board at 26.88 yuan per share, seeking to raise net proceeds of 866.3 million yuan, according to a Thursday filing with the bourse.
The Chinese communication terminal manufacturer expects to raise a gross total of 979.8 million yuan by issuing 36.45 million shares.
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