Huasi Agriculture is approved by China Securities Regulatory Commission to issue the IPO on Shenzhen Stock Market, this mark the first stock issued in China fur sector.
Huasi Agriculture plans to issue 28.50 million shares for collect of 260 million yuan from IPO, the news released on the website of CSRC.
Suning-based Huasi Agriculture Group is a Chinese leading fur enterprise specialized in animal farming and processing, fur and fur clothing making and designing, production for fashion fur clothing and fur ornaments in 2009 reached 0.2698 million pieces.
