DeHeng Advised Jinke Smart Services Group
on Obtaining Approval for H-share “Full Circulation”
2021-08-19
On August 17, 2021, Jinke Smart Services Group Co., Ltd. received a reply from the China Securities Regulatory Commission approving its shareholders to convert no more than domestic unlisted 500,000,000 shares into overseas-listed shares. The converted shares may be listed on the Stock Exchange of Hong Kong, and the reply shall be effective within 12 months from the date of approval. Jinke Smart Services Group became the first property service company approved for the "full circulation" of H-shares in 2021.
As the special legal counsel, the DeHeng team was led by partner Zhu Min, the partner, with primary support from lawyer Tian Yuan and paralegal Li Qixingyan, and provided comprehensive, professional, and efficient legal services for the client.