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China approves two IPO applications

(Xinhua) 14:24, February 18, 2023

BEIJING, Feb. 18 (Xinhua) -- China's securities regulator has approved the initial public offering (IPO) applications of two companies.

Zhejiang Yaguang Technology Co., Ltd. and Fujian Highton Development Co., Ltd. will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

The two companies should strictly follow their prospectuses, as well as their issuance and underwriting plans, when issuing stocks, the regulator added.

(Web editor: Zhong Wenxing, Liang Jun)

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