The company submitted its prospectus on Oct 22. Twenty-three days later, on Nov 14, it received IPO approval from the China Securities Regulatory Commission, which set a new record for the shortest waiting period for regulatory approval.
According to financial data provider Wind Info, as of Sept 30, the net asset value per share of Beijing-Shanghai High-Speed Railway was 3.73 yuan. China Railway Investment Co Ltd, with 49.76 percent of shares, is the controlling shareholder of the Beijing-Shanghai High-Speed Railway Co Ltd.
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