DeHeng Advised Hualan Group on Obtaining Approval

for Its IPO on ChiNext of Shenzhen Stock Exchange

2020-12-26

On December 25, 2020, the application of Hualan Group Co., Ltd. for initial public offering of A shares was approved at the 60th meeting of 2020 of the ChiNext IPO Committee of Shenzhen Stock Exchange, one of the first IPO approvals issued since ChiNext adopted the registration system.

Hualan Group was founded in 2012. Its main business includes engineering design, land and space planning, EPC management for engineering projects and engineering consulting. It is committed to becoming a first-class comprehensive service provider for urban and rural development in China. Based in Guangxi, it has set up 16 branches in China and established national presence with the structure composed of the headquarters, regional centers and branches. It is also doing business in Africa and Southeast Asia.

As the issuer's legal counsel, the DeHeng team, with primary support from partner Shen Hongshan, lawyers Wang Yuwei, Li Zhenhui, Wu Xiaoxia and Zhang Jun, and intern lawyer Xu Endi, offered whole-process legal services for the IPO. They worked closely with the sponsor Pacific Securities and the audit agency Pan-China Certified Public Accountants LLP, and provided professional, efficient and high-quality legal services for the IPO.