Chinese lactic acid products maker Jindan floats $90m IPO on ChiNext

Chinese lactic acid products maker Jindan floats $90m IPO on ChiNext

Source: Jesse Gardner/Unsplash

Henan Jindan Lactic Acid Technology, a Chinese producer of lactic acid products, has garnered 638 million yuan ($90 million) in an initial public offering (IPO) on Shenzhen’s startup board ChiNext on Wednesday.