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Quectel launches IPO on Shanghai Stock Exchange

Wednesday 17 July 2019 | 09:06 CET | News
Cellular and GNSS modules supplier Quectel has listed its initial public offering of 22,300,000 shares of common stock at CNY 43.93 per share on the main board of Shanghai Stock Exchange. Quectel plans to use the proceeds from this IPO to expand its 5G, LTE and LPWA product portfolio, as well as build R&D and technical support centers.

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Categories: Mobile & Wireless
Companies: Quectel Wireless Solutions
Countries: China
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