DeHeng Advised Hualan Group on IPO

on ChiNext of Shenzhen Stock Exchange

2021-07-15

On July 15, 2021, Hualan Group Co., Ltd. (stock code: 301027) was listed on the ChiNext of Shenzhen Stock Exchange. For the initial public offering, it issued 36.8 million shares at the price of RMB 11.45 per share. The total share capital after the offering amounted to 147 million shares.

As the issuer's legal counsel, the DeHeng team was led by partner Shen Hongshan, with primary support from attorneys Wang Yuwei, Li Zhenhui, Wu Xiaoxia and Zhang Jun and Xu Endi. The team worked closely with Pacific Securities Co., Ltd., Pan-China Certified Public Accountants LLP and other high profile intermediaries, and provided professional, efficient, comprehensive and high-quality legal services for the IPO. In the future, DeHeng will continue to provide the client with high-quality legal services and assist in its rapid growth.