The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Chinese company Yi Po (YBZN) files for IPO on Nasdaq

News Snapshot:

Chinese parking lot management system Yi Po International Holdings filed this week to raise $25m (£18.38m) in an initial public offering. The Nanjing, Chana-based company did not list a share price range or number of ordinary shares it plans to sell in its F-1 registration statement. The company has requested the ticker YBZN on the Nasdaq stock market. No offering date was given in its government paperwork. Boustead Securities is the underwriter. China has more than 300 million registered motor vehicles in 2020, 270 million of which are cars, which is about the same number as in the US. Company…

Other China Tech Buzz: