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Anda Stock to Be Reviewed by Beijing Stock Exchange on March 20
Beijing Business Daily (Reporter Wang Manlei) recently reported that the official website of the Beijing Stock Exchange shows that Huzhou Anda Automotive Parts Co., Ltd. (hereinafter referred to as “Anda Co.”) will have its IPO review on March 20.
It is understood that Anda Co. mainly engages in the research, development, production, and sales of automotive aluminum alloy precision castings. Its main products include power transmission system components such as oil pans and covers, new energy system components like inverter housings and motor housings, as well as suspension system parts like mounting brackets. The company’s IPO was accepted on December 26, 2024, and entered the inquiry stage on January 20, 2025.
For this listing attempt, Anda Co. plans to raise approximately 280 million yuan. After deducting issuance costs, the net funds will be invested in an intelligent manufacturing project for key lightweight automotive components.