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Qingdao Hailir prepares Chinese IPO

Chinese agrochemical company Qingdao Hailir Pesticides and Chemicals is planning an initial public offering (IPO) on the Shanghai stock exchange. The company filed a registration with the China Securities Regulatory Commission earlier this month. Hailir plans to sell no more than 30 million shares, totalling no less than 25% of the company’s total shares. The sale price has yet to be determined.

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