On the evening of October 8th, AI Financial News Agency inquired about the listing dynamics of the SSE's Science and Technology Board and learned that Lenovo Group Co., Ltd.'s IPO review status was changed to "termination".
On September 30, the SSE website disclosed that Lenovo Group's application for listing of the Board of Directors had been accepted and that the company had submitted a prospectus for the public issuance of Depository Receipts by SSE. Lenovo Group intends to issue no more than 1,338 million CDRs in the current public offering, raising 10 billion yuan, according to the prospectus.
It is reported that this is the first red-chip enterprises in the form of CDR "back to A" listed companies since september 17, the CSRC issued "on the expansion of the pilot scope of red-chip enterprises listed in China." The sponsors are CICC and the co-lead underwriters are Goldman Sachs Securities and CITIC Securities. (| AI Finance News Agency Zhao Wei)