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05 Sep
10:46

Sunwoda gets CSRC’s approval for Swiss listing

Shenzhen-listed manufacturer Sunwoda Electronic says China Securities Regulatory Commission (CSRC) has approved its request to be listed via the SIX Swiss Exchange by issuing global depositary receipts (GDRs). This listing is also considered an important step to expand the company’s power battery business, Kallanish learns.  The CSRC has approved the issuance of up to 171,862,665 new A-share base stocks, and the corresponding GDRs should be no…
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