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Changjin Photonics passes the Sci-Tech Innovation Board IPO review, plans to raise 780 million yuan
On March 27, People’s Finance News reported that on March 27, the official website of the Shanghai Stock Exchange showed that Wuhan Changjin Photon Technology Co., Ltd. (referred to as “Changjin Photon”) has had its IPO application for the Sci-Tech Innovation Board approved by the listing committee of the Shanghai Stock Exchange. Changjin Photon is a leading domestic manufacturer of specialty optical fibers, with its main products being rare earth-doped optical fibers, which are used in advanced manufacturing, optical communication, measurement and sensing, and commercial aerospace, among other fields. For this Sci-Tech Innovation Board IPO, Changjin Photon plans to raise 780 million yuan, focusing on projects for a high-performance specialty optical fiber production base and research and development center.