Brigates Cancels its IPO Plans

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HQEW reports that Brigates' (Ruixin Microelectronics) 1.347 billion yuan IPO plan has been scrapped.

"According to news on the official website of the Shanghai Stock Exchange on January 27, the Shanghai Stock Exchange has decided to terminate the review of the initial public offering of shares of Ruixin Microelectronics Co., Ltd. (hereinafter referred to as "Ruixin Micro") and listing on the Science and Technology Innovation Board."

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