DeHeng Advised China Southern Power Grid Technology
on Listing on SSE STAR Market
2021-12-22
On December 22, 2021, China Southern Power Grid Technology Co., Ltd. (stock code: 688248) was listed on the STAR market of Shanghai Stock Exchange. For the IPO, China Southern Power Grid Technology issued 84.7 million shares at a price of RMB 12.24 per share and raised RMB 1,036 million which will mainly fund the construction of R&D centers and other projects.
As the issuer's legal counsel, the DeHeng team, led by partner Liu Shuang of its Shenzhen Office, with primary support from partner Huangfu Tianzhi, lawyers Zhang Zhipeng, Wang Jinling, Wang Yang, Li Junheng, Deng Yuge, Chen Siyi and Li Xiang, worked closely with the issuer, sponsor and other intermediaries and provided comprehensive, professional, efficient and high-quality legal services for the listing.
