The Zhitong Finance App learned that on December 25, the China Securities Regulatory Commission issued the “Approval to Register the Initial Public Offering of Shares by Youyan Metal Composites (Beijing) Co., Ltd.” According to reports, Youyan Composite Materials plans to be listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. CITIC Securities is the sponsor and plans to raise 900 million yuan.

The Zhitong Finance App learned that on December 25, the China Securities Regulatory Commission issued the “Approval to Register the Initial Public Offering of Shares by Youyan Metal Composites (Beijing) Co., Ltd.” According to reports, Youyan Composite Materials plans to be listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. CITIC Securities is the sponsor and plans to raise 900 million yuan.