DeHeng Advised Yupont on Listing on the SSE STAR Market

2021-06-17

On June 17, 2021, Beijing Yupont Electric Power Technology Co., Ltd. ("Yupont Electric Power," stock code: 688597) was officially listed on the STAR Market of Shanghai Stock Exchange. For the initial public offering, it issued 44,118,300 shares at the price of RMB 5.88 per share, and the total share capital after the issuance amounted to 176,472,980 shares.

As the issuer's counsel, the DeHeng team, with executive director and global partner Sun Ganghong as the chief coordinator, deputy director and partner Xu Jianjun, partners Fan Zhaoxia and Hu Canlian as signing lawyers, and with primary support from lawyer Zheng Yunfei, and interns Zhang Zhaoyi and Xu Jia, worked with intermediaries such as Industrial Securities, ShineWing Certified Public Accountants (LLP), and provided professional, efficient, comprehensive and high-quality legal services for the issuance. In the future, DeHeng will continue to provide the client with high-quality legal services and facilitate its rapid growth.