Zhejiang Huayuan Auto Technology (SHE:301535) plans to offer up to 63,794,118 shares in its initial public offering on the Shenzhen Stock Exchange.
The customized automotive system connectors manufacturer's shares on offer comprise 15% of the entire shareholding, according to a Thursday bourse filing.
The shares are set to be issued March 14, the filing said.
Following the completion of the IPO, Huayan Auto Technology will hold 425,294,118 shares.
Haitong Securities (HKG:6837, SHA:600837) will be the sponsor and lead underwriter of the offering.
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