DeHeng Advised "SGCircuits" on its Flotation
on the GEM of Shenzhen Stock Exchange
2018-02-02
DeHeng lawyers were invited to participate in the IPO ceremony of SGCircuits (left to right: Lawyer Liu Zhenguo, SGCircuits General Manager Mr. Sun Wenbing, lawyer Han Xue, and lawyer Guo Yaosen).
On February 1, Shenzhen SGCircuits Technology Co., Ltd. (herein referred to as "SGCircuits"), for which DeHeng acted as the issuer's legal counsel, held the listing ceremony at Shenzhen Stock Exchange, and its shares are formally floated on the GEM (Growth Enterprise Market) of the Shenzhen Stock Exchange. Under the stock code of "300739", 30.8 million shares were issued through the IPO.
Founded in 2001, SGCircuits is a high-tech enterprise that integrates the R&D, production and sale of printed circuit boards (PCBs). The products are widely used in such sectors as industrial control, medical electronics, automotive electronics, communications equipment, and LED lighting. The sale regions cover a number of countries and regions in Europe, the Americas and Southeast Asia, and the company has set up production bases and sales companies in Germany. Over the years, the company has blazed new trails and become a leader in the electronic circuit industry in China. It has won wide acclaim in the industry and great recognition in the capital market.
Group photo of company leaders and lawyers taken at DeHeng headquarters on the day when SGCircuits was approved by Stock Issuance Examination Committee of China Securities Regulatory Commission.
The DeHeng team, including Liu Zhenguo, the director of the Management Committee of the Shenzhen office, Tang Yongsheng and Han Xue, partners of the Shenzhen office, and Guo Yaosen and Sui Xiaojiao, provided legal services for this project, ranging from the joint-stock reform to the application for floatation since the beginning of 2015. In the 3-year course of preparation for floatation, DeHeng has won high praise from SGCircuits for its services. In the future, DeHeng will, as always, continue to provide professional, high-quality, and comprehensive legal services for clients in the domestic and overseas IPO and M&A areas.
