(Bloomberg) — Syngenta Group’s plan for an initial public offering has hit a roadblock after the Shanghai Stock Exchange suspended the company’s application pending an update to information about its earnings. .The bourse, which posted a notice on its website about the halt on Sept. 30, didn’t say when the Switzerland-based seed and fertilizer business can resume its application to list on the Nasdaq-style Star Board. .Syngenta has now furnished the Shanghai exchange with the requested earnings documentation and an update on the IPO timeline is set to be given this week, a person familiar with the transaction said..China National Chemical Corp.-owned Syngenta said in July it’s targeting proceeds of 65 billion yuan ($10 billion) in a listing that could be the world’s largest this year. The company plans to sell as many as 2.79 billion new shares in the IPO, equivalent to a 20% stake. .A spokesman for Syngenta declined to comment..Syngenta’s snag adds to a growing list of Chinese IPOs put on ice in the wake of a governmental crackdown on the country’s technology companies. The local stock market has also been rocked by fears of contagion from property company China Evergrande Group’s debt crisis..About 50 other companies are also facing a delay to their Star Board IPO applications, likely exacerbated by the recent Golden Week holiday, the person said, asking not to be identified discussing private information. .Read More: TikTok Rival Beats Out DiDi for Roughest IPO of the Year.Last week, Hong Kong-traded Lenovo Group Ltd. withdrew its application to list Chinese depositary receipts in Shanghai, while troubled China Evergrande said in late September that its electric-car unit will not proceed with a proposed share sale on the Star Board..Syngenta had been poised to go public again, four years after ChemChina took the company private in a $43 billion deal marking China’s biggest foreign takeover to date. The Swiss business incorporated other ChemChina agricultural units including Adama Ltd. and the agriculture business of Chinese conglomerate Sinochem Corp. last year..©2021 Bloomberg L.P.