BEIJING, Aug. 16 (Xinhua) -- China's top securities regulator has approved the registration for the initial public offerings (IPOs) of five companies on the ChiNext, China's Nasdaq-style board of growth enterprises.
Ningbo Jianan Electronics Co., Ltd., Ningbo Daye Garden Machinery Co., Ltd., Shengtak New Materials Co., Ltd., Zhejiang Wellsun Intelligent Technology Co., Ltd., and Anhui Hyea Aromas Co., Ltd. will be listed on the Shenzhen Stock Exchange's ChiNext board, the China Securities Regulatory Commission said in a statement.
The companies and their underwriters will confirm the IPO dates and publish their prospectuses following discussions with the stock exchange.
China introduced a series of measures in June to replace the approval-based IPO system with a registration-based one on the ChiNext. Enditem
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