China's vehicle exhaust treatment firm ActBlue raises $58m in ChiNext IPO

China's vehicle exhaust treatment firm ActBlue raises $58m in ChiNext IPO

Vehicles on road during daytime. Source: Alexander Schimmeck/Unsplash

ActBlue Co Ltd, a Chinese firm that develops after-treatment solutions for vehicle exhaust emissions, has garnered 406 million yuan ($58 million) in an initial public offering (IPO) on the ChiNext board of the Shenzhen stock exchange on Monday.

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