DeHeng Advised OLO on the IPO Project

2017-06-16

The project of initial public offering of shares and the listing of Nanjing OLO Home Furnishing Co., Ltd. ("OLO") advised by DeHeng was examined and approved by the 66th meeting of the Issuance Examination Committee of China Securities Regulatory Commission on May 2, 2017. On June 16, 2017, OLO was officially listed on the Shanghai Stock Exchange, with the stock abbreviation of "OLO" and stock code of "603326". OLO issued 40 million RMB-denominated ordinary shares through this IPO, and raised 394.80 million yuan.

Established in June 2006, OLO upholds the philosophy and mission of "design for more beautiful home and technology for the realization of beauty", and has been committed to the design, development, production, sale, and related services of kitchens and custom furniture products. OLO has proposed and implemented the E0-level environmental protection standards in an earlier stage, providing consumers with a safe, healthy home environment. Through continuous upgrading and improvement of intelligent factories combining "industrialization" and "informatization", OLO provides consumers with well-designed, exquisite, reliable custom furniture products. The company has passed the quality management system (ISO 9001: 2008) and the international environmental management system (ISO 14001: 2004) certification, and has won such honors as the "2016 Top 10 Brands for Reshaping the Industrial Value in the Kitchen Cabinet Industry and Innovation & Development System Building" by China Furniture & Decoration Chamber of Commerce, and "Top 10 Leading Companies in Kitchen Cabinets in 2016" by China Building Decoration Association.

DeHeng lawyers including Li Zhihong, Wang Yuwei, Wang Wei, and Wang Junzhe provided professional, high-quality and efficient legal services for the initial public offering and listing of OLO.