Goertek's subsidiary, Goertek Microelectronics, files for Hong Kong IPO

GoerTek Co., Ltd. [SZSE:002241] announced that its subsidiary, GoerTek Microelectronics, has filed its application with the China Securities Regulatory Commission (CSRC) for its initial public offering (IPO) of overseas listed foreign shares (H shares) on the Main Board of the Hong Kong Stock Exchange. GoerTek Microelectronics had already submitted its application to the Hong Kong Stock Exchange. The company has received notification that the CSRC has accepted the filing. The offering remains subject to approvals from the CSRC, the Hong Kong Stock Exchange, and other regulatory bodies, and is contingent on market conditions. GoerTek will disclose further information as required by laws and regulations.