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Optic Fiber Manufacturer Breaks IPO Drought as Beijing Stock Exchange Resumes Reviews - Caixin Global

Chengdu Uestc Optical Communications Corp., which makes optical fiber and electronics for the defense sector, is the first IPO to be reviewed by the Beijing Stock Exchange after a four-month listing drought.

The exchange will review the IPO application on June 17, more than 130 days after since its last review in early February. High Heat Insulation Material

Optic Fiber Manufacturer Breaks IPO Drought as Beijing Stock Exchange Resumes Reviews - Caixin Global

Chengdu Uestc Optical Communications filed its IPO application in September and plans to raise 150 million yuan ($20.7 million) by issuing 10.58 shares.

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Optic Fiber Manufacturer Breaks IPO Drought as Beijing Stock Exchange Resumes Reviews - Caixin Global

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