Yantai Raytron Prepares IPO

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Reuters: Yantai Raytron Technology Co, a Chinese developer of LWIR imaging and sensors technology is one of the first companies preparing the IPO at Shanghai’s Nasdaq-style Science and Technology board, announced by President Xi Jinping in November 2018. The board’s registration-based listing procedure is supposed to take 3 months and allow start-ups that have yet to turn a profit to list.

Yantai Raytron is developing a low-cost thermal imagers based on microbolometric technology.

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