News

Advised Cinda International Capital Ltd

and the Underwriters on the Global Offering of Wenling MCT

2020-12-30


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On December 30, 2020, Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited ("Wenling MCT") listed on the Main Board of the Stock Exchange on 30 December 2020 with a H share structure by way of Global Offering (stock code: 1379), approximately 27 times of subscription was recorded in the public offering.

 

Wenling MCT was established in late 2003, and is an established Measuring and Cutting Tools trading centre operator in China. It owns, operates and manages its Trading Centre located in Qianyangxia Village, Wenqiao Town, Wenling City, Zhejiang Province in the PRC. In China measuring and cutting tools trading centres market, its Trading Centre ranked No.1 in China in terms of revenue. It is also the first measuring and cutting tools trading centre listed in Hong Kong.


As an associate firm of DeHeng Law Offices in Hong Kong, Chungs Lawyers  advised the Sole Sponsor, Cinda International Capital Limited and the underwriters on the listing of Wenling MCT, and provided them with comprehensive, high-quality and efficient legal services.

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