Air China Cargo (SHE:001391) has filed a prospectus to launch an initial public offering on the Shenzhen Stock Exchange.
The Chinese air cargo company plans to list up to 1,321,177,520 shares on the Shenzhen bourse's main board, according to a Wednesday filing to the bourse operator.
The Chinese air cargo company could offer an additional 15% of the initial offering size to sponsor and lead underwriter CITIC Securities (HKG:6030, SHA:600030) should it exercise the overallotment option, the filing said.
Should the overallotment option be exercised, Air China Cargo will offer up to 1,519,354,020 shares.
The company will trade under stock code 001391.
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