DeHeng Advised Anhui Yuanchen Environmental Protection

Science & Technology Co., Ltd. on Listing on SSE STAR Market

2021-03-31

On March 31, 2021, Anhui Yuanchen Environmental Protection Science & Technology Co., Ltd. (stock code: 688659) was listed on the STAR market of Shanghai Stock Exchange. For the initial public offering, it issued 40 million shares at the price of RMB 6.5 per share, and raised RMB 209.167 million. The price rose up 160.77% on the first day of listing.

As the issuer's legal counsel, the DeHeng team, led by partner Li Xiaoxin, with primary support from associates Xu Na, Wu Wenfeng, Cao Wei, Wu Yenan, Luo Jing and Liu Siyu, provided comprehensive, professional, efficient and high-quality legal services for the IPO. In the future, DeHeng will, as always, provide the client with high-quality legal services to support its rapid development and realization of its value in the capital market.