According to the financial news app, on May 30th, the China Securities Regulatory Commission issued the Notice on the Overseas Listing and Listing of Fuxing China Group Limited. Fuxing Group (FFFZ.US) plans to issue no more than 2,300,000 ordinary shares and list on the NASDAQ stock exchange in the United States.

It is reported that Fuxing Group submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on April 2. The company plans to issue 2 million shares of stock at a price of $4.00 to $4.50 per share, raising $9 million. Based on the midpoint of the proposed issue price range, Fuxing Group's market cap will reach $82 million. The company's stock is currently listed on the Singapore Exchange.

According to the company's website, Fuxing Group is a modern large-scale comprehensive enterprise group mainly engaged in the zipper industry and involved in fields such as printing and dyeing, hardware plating, and yarn dyeing and weaving. The group headquarters is located in Jinjiang, China.