DeHeng Advised Chunhui Controls on Listing on ChiNext

2021-02-20

On February 10, 2021, Zhejiang Chunhui Controls Co., Ltd. (stock code: 300943) was officially listed on the ChiNext of Shenzhen Stock Exchange. Chunhui Controls issued 34 million shares at RMB 9.79 per share, and totally raised proceeds about RMB 332.86 million. The raised proceeds will mainly go to the Fluid Control Valve Production Line Upgrade Project, Annual Production of 3,000 Sets of Gas Intelligent Control Devices, the R&D Center Upgrading Construction Project and the Information System Upgrading Construction Project.

As the issuer's legal counsel, the DeHeng team was led by partners Wu Lianming and Liu Xiuhua, with primary support from lawyers Feng Lin, Li Yingya, Fang Jun and paralegal Wang Jieyun. They provided comprehensive, professional, efficient, and high-quality legal services for the IPO, worked closely with the issuer, the sponsor, the audit agency and other parties involved. The DeHeng team's solid working attitude and efficient, professional high-quality services won high praises and trust from the client and other intermediary agencies.