DeHeng Advised Traffic Control Technology on Obtaining CSRC Approval for Issuing Shares to Specific Investors

2021-06-28

Recently, China Securities Regulatory Commission (CSRC) approved the application of Traffic Control Technology Co., Ltd. ("CCT," stock code: 688015) to issue no more than 32,000,000 (inclusive) shares to no more than 35 eligible investors to raise no more than RMB 760 million (inclusive).

The DeHeng team, led by partner Li Hua, with primary support from lawyers Gong Xiaoqing, Qin Linan and Xu Keyang, advised the issuer on obtaining the above approval. DeHeng lawyers' down-to-earth working attitude, professional services, teamwork spirit and commitment to common growth with clients have won high recognition and trust from the client and other intermediary agencies.