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DeHeng Advised 3onedata on Listing on SSE STAR Market

2020-12-30


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On December 30, 2020, 3onedata Co., Ltd. was officially listed on the STAR Market of Shanghai Stock Exchange.


For the initial public offering, it issued 12.632 million shares at the price of RMB 34.08 per share, and raised about RMB 430 million. The money raised will be mainly used to fund the capacity expansion for industrial Internet equipment, the construction of industrial Internet R&D Center and replenish working capital.


As the issuer's counsel, the DeHeng team was led by Partner Liu Zhenguo, with primary support from lawyers Tang Yongsheng, Sui Xiaojiao and Guo Yaosen. They provided whole-process legal services and worked closely with the issuer, the sponsor, the audit agency and other agencies on the project.


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