Business Brief (Aug. 25): Chinese GPU Maker Enflame Gears Up for IPO
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Enflame Technology prepares for IPO
Shanghai Enflame Technology Co. Ltd., a major Chinese graphics processing unit (GPU) company, will hold its preliminary IPO price consultation Friday and open for subscription on Sept. 2.
The company plans to issue 43 million shares, representing 10% of its total equity post-issuance, to list on Shanghai’s STAR Market.
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