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What happens after IPO?

$Hualan Biological Engineering, Inc.(002007.SZ)$

Does this mean, this company will very soon have another share listed?
For example there is Pfizer, then they “created” BioNTech.

Hualan Biological Engineering's Vaccine Unit Gets Exchange's Nod For IPO

Aug 26 (Reuters) - Hualan Biological Engineering Inc <002007.SZ>::SAYS ITS VACCINE UNIT GETS NOD FROM SHENZHEN STOCK EXCHANGE FOR INITIAL PUBLIC SHARE OFFERING.

4 days ago
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