Agricultural giant Xianzhengdas listing plan on Shanghais motherboard was

Agricultural Giants' first public sale (IPO) of the Agricultural Giant Xianda Group has been passed by the Shanghai Stock Exchange.

According to the Dow Jones News Agency, the Shanghai Stock Exchange said on Friday (June 16) that the Syndaid's listing plan was reviewed and approved by the review meeting.At the review meeting, the exchange committee will review a company and its financing plan.

Xianzhengda now needs to register for its listing plan to register with China's securities regulatory agencies.

This seed and pesticide manufacturer made a decision to list on the main board of Shanghai last month. Previously, the company planned to raise more than $ 9 billion (about 12.1 billion new new boards on the Shanghai Stock Exchange's science and technology board.Yuan), but in March, it was blocked.That month, the procedure was canceled the night before the submission meeting.

Shengzheng was acquired by the China Chemical Group Corporation of China in 2017, and has been working hard for the listing in China for about two years.