Great Wall Motor’s battery unit seeks $2.1 billion in mainland IPO

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Svolt, an electric vehicle battery maker backed by Chinese automaker Great Wall Motor, is looking to raise about RMB 15 billion ($2.1 billion) in an initial public offering on the country’s Nasdaq-style STAR Market, according to a security filing on Friday. More than 75% of the proceeds will be spent on building three production facilities [……
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作者 gocpmall