DeHeng Advised Jiangsu Jingyuan Environmental Protection on STIB

2020-04-10

On April 9, 2020, Jiangsu Jingyuan Environmental Protection Co., Ltd. ("Jingyuan Environmental Protection", stock code: 688096) was successfully listed on the Science and Technology Innovation Board(STIB) of Shanghai Stock Exchange (SSE).

Since its incorporation in 1999, Jingyuan Environmental Protection has been specialized in industrial water treatment, and developed proprietary technologies such as the technology of industrial waste water treatment with electronic flocculation, the highly challenging technology for zero waste water discharge and another highly challenging technology for electro-catalytic oxidation of waste water. It mainly serves major corporate clients in the R&D, design and consultation of special industrial water treatment equipment, integration and sales of such equipment and project contracting. 

The initial public offering (IPO) issued 26,830,000 shares at the price of RMB 14.34 per share, and raised a total of RMB 384,742,200.The fund will be used for the construction of the intelligent system integration center and the R&D center of the company and replenishing working capital.

As the legal adviser for the IPO project, the DeHeng team, led by partner Ye Lanchang, with primary support from associates Wang Zicheng, Chen Qiaoye, Chen Fenyu, He Chao, Lou Yonghui and Sun Qingkai, as well as Li Hui and Rong Yu, provided comprehensive, professional and efficient legal services for the client.