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China s leading fruit retailers will go public in 2021 According to various reports, Shenzhen Pagoda Orchard Industrial Development Co. Ltd, commonly known as Pagoda, is planning its listing on the China National Stock Exchange. The company has already signed on with Minsheng Securities as the advisory body for the IPO and registered this at the Shenzhen Securities Regulatory Office on November 10 this year. This also means that 19 years after its inception, Pagoda is about to become China s first publicly traded fruit chain. In April of this year, Pagoda already underwent a shareholding reform, converting from a limited liability company into a corporation. On June 1, Pagoda submitted its application to the international division of the China Securities Regulatory Commission with the intent of being listed on the Main Board of the Hong Kong Stock Exchange, and the commission granted its approval on September 10. The latest reports indicate that Pagoda has now changed its plans and

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