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Xugong nodded for IPO

(chinadaily.com.cn)
Updated: 2009-07-28 17:42

Xuzhou Construction Machinery Group (Xugong), 皇冠体育app's leading construction machinery manufacturer, announced that it had won the approval from the country's securities supervisor to issue shares on the mainland stock market, according to 皇冠体育appnews.com.

Wang Ming, president of Xugong, said the group was given the green light for initial public offerings from 皇冠体育app Securities Regulatory Commission on June 23, after it completed assets restructuring.