BEIJING, January 18 (TMTPOST) — Chinese e-cigarette maker RELX Technology is planning to launch its IPO in the U.S., aiming to raise up to US$1.17 billion on the New York Stock Exchange. RELX is going to price its IPO US$8~10 per ADS (American Depositary Share) and issue 116.5 million ADS. according to the company's IPO documents for the U.S. Securities and Exchange Commission. Each ADS represents one common share. RELX Technology was founded in 2018 and became profitable in 2019. The company registered a net profit of RMB109 million (US$17 million) in the first three quarters of 2020.