Stanley Fertilizer SME IPO Application Approved

The China Securities Regulatory Commission announced on the 20th that the 76th meeting of the Issuance Review Committee approved the Stanley Fertilizer IPO application, and Shandong Shulang Garments and Jiangsu Gaoke Petrochemical were rejected. According to pre-disclosure materials, Stanley plans to issue 32.5 million shares in the Shenzhen Stock Exchange, with a total share capital of 130 million shares issued. The company focuses on the research, development, production and sales of compound fertilizer products.

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