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Jinding Optics ChiNext IPO: Frequent Equity Changes, Customer Concentration

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Guangdong Jinding Optics plans to list on the ChiNext board, issuing up to 19.1706 million shares to raise CNY758 million for projects including a precision optical equipment and optical products smart manufacturing base. The article notes frequent equity changes, customer concentration, and inconsistencies between its purchase and sales data and those of Yutong Optics.

From OFweek Optics Network · News

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Oct 12
  1. OFweek Optics Network · News
    Jinding Optics Files for ChiNext IPO Amid Frequent Equity Changes and Customer Concentration

    Guangdong Jinding Optics plans to list on the ChiNext board, issuing up to 19.1706 million shares to raise CNY758 million for projects including a precision optical equipment and optical products smart manufacturing base. The article notes frequent equity changes, customer concentration, and inconsistencies between its purchase and sales data and those of Yutong Optics.