Putailai New Energy Technology Beijing Listing Application Suspended

Shanghai Putailai New Energy Technology (SHA:603659) controlling subsidiary Jiangsu Jiato Intelligent has received formal acceptance from the Beijing Stock Exchange for its public offering application but has simultaneously requested a review suspension. Jiato Intelligent submitted its application on June 26 and received the acceptance notice on June 30. Later that same day, it applied for a suspension, which was immediately approved, according to a Friday filing with the Shanghai bourse.