In May 2022, Jiangsu Lopal Tech Co., Ltd. (603906.SH) (“Lopal”) has successfully completed its non-public offering of A shares after the application being passed and approved by China Securities Regulatory Commission on 14 March 2022. Grandall Shanghai has been retained as the legal counsel with ZHANG Zechuan and XIA Binbing as key lawyers serving the case.
China Securities Regulatory Commission. Grandall Chongqing Office has been retained as the issuer’s legal counsel with LI Dong and LEI Meiling leading their team serving the case.
On 13 May 2022, Matrix’s application for the initial public offering and listing on the ChiNext market was passed and approved by the Listing Committee of the ChiNext Market of Shenzhen Stock Exchange. Grandall Shenzhen Office has been retained as the legal counsel for this IPO project with MA Zhuotan and XING Huanghua as key lawyers serving the project.
On 28 March 2022, Shanghai Pharmaceuticals Holding Co., Ltd. (600607.SH/02607.HK) (“SPH”) completed its non-public offering of A shares. The company raised RMB 13.975 billion in this non-public offering, with Yunnan Baiyao (000538.SZ) participating as a strategic investor, marking the refinancing project with the largest amount of funds raised by a listed company as well as the largest amount of funds raised by a listed company in A-share pharmaceutical industry so far.
On 1 April 2022, the application for non-public offering of A shares filed by Hengtong Logistics Co., Ltd. (603223.SH) (“Hengtong Logistics”) was passed and approved by the Listing Examination Committee of China Securities Regulatory Commission.
On 30 March 2022, the application filed by Zhejiang Tianzhen Bamboo Flooring Co., Ltd. (“Zhejiang Tianzhen”) for initial public offering and listing of shares on the ChiNext Market of Shenzhen Stock Exchange was reviewed and approved on the 17th meeting of the Listing Committee of ChiNext Market of Shenzhen Stock Exchange.
On 28 March 2022, Huaxin Cement Co., Ltd (600801.SH/06655.HK) (“Huaxin Cement”) was listed by way of introduction on the Main Board of the Hong Kong Stock Exchange, marking the first listed B-share company in Shanghai to switch to HK Stock Exchange by way of introduction.
On 16 March 2022, Shaanxi Sirui Advanced Materials Co., Ltd. (688102.SH) (“Shaanxi Sirui”) was successfully listed on the STAR Market of Shanghai Stock Exchange. The company issued 40.01 million shares and raised RMB 419 million in total. Grandall Xi’an Office acted as the legal counsel of the issuer.
On 3 March 2022, the application filed by Guobo Electronics Co., Ltd. (“Guobo Electronics”) for initial public offering and listing on the STAR Market of Shanghai Stock Exchange was passed and approved by the Listing Committee of the STAR Market at the 14th meeting in 2022.
On 14 February 2022, the application filed by Guangdong Senssun Weighing Apparatus Group Ltd. (002870.SZ.) (“Senssun”) for non-public offering was passed and approved by the Issuance Examination Committee of China Securities Regulatory Commission.
On 16 February 2022, Guangdong Yuehai Feeds Group Co., Ltd. (001313.SZ.) (“Yuehai”) successfully listed on the mainboard of Shenzhen Stock Exchange, and Grandall Shenzhen Office acted as the legal advisor.
