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Grandway Advised Capital Securities on IPO Project Approved by CSRC

Pubdate:2023.01.17 Source: Hit:362

On September 1, 2022, the initial public offering and listing on the main board of Shanghai Stock Exchange of Capital Securities Corporation Limited (“Capital Securities”) was approved by China Securities Regulatory Commission.

 

Capital Securities is a securities company founded in 2000, which is controlled by CAPITAL Group, a subsidiary of State-owned Assets Supervision and Administration Commission of People’s Government of Beijing Municipality.

 

Capital Securities intends to issue no more than 615 million shares of stock. Funds to be raised will be used to supply the capital of company and its wholly-owned subsidiaries, increase company’s working capital and develop its main business after deducting the costs for issuance.


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