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Ruyi to List Lycra Shares on China’s New Nasdaq-Style Market to Drive Asia Growth

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

Ruyi Group has launched an initial public offering for The Lycra Company to be traded on China’s new Science and Technology Innovation Board (STIB). A Ruyi spokesman said details on how many shares would be offered or how much the company hoped to raise have not yet been determined. Last month, Lycra Company CEO Dave…

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