On December 30th, Newman announced on the Hong Kong Stock Exchange that the company plans to issue 250 million shares in a Hong Kong IPO; IPO from December 30, 2024 to January 7, 2025; The offering price will be HKD 0.80-1.09 per share, with 8000 shares traded per lot, and Caitong International Financing as the exclusive sponsor; The expected shares will start trading on the Hong Kong Stock Exchange on January 10, 2025.
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