AXT subsidiary Tongmei receives SSE approval for STAR Market IPO; CSRC review remains

AXT INC

Shanghai Stock Exchange approved Tongmei's IPO listing application for the STAR Market.
IPO still subject to China Securities Regulatory Commission and other authorities' approval.
CEO expects listing completion in second half of 2022, likely Q4 2022.
SSE approval considered a major milestone; CSRC typically relies on SSE review.
No assurances given that final approval or IPO will be completed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.