Chinese diesel engine parts maker Changyuan Donggu plans to raise $129m in Shanghai IPO

Chinese diesel engine parts maker Changyuan Donggu plans to raise $129m in Shanghai IPO

IPO

Xiangyang Changyuan Donggu Industry Co Ltd, a Chinese diesel engine parts manufacturer and distributor, plans to raise 915 million yuan ($129 million) in an initial public offering (IPO) on the Main Board of the Shanghai Stock Exchange (SEE).