DeHeng Advised Machinery Technology Development Co., Ltd. on Listing on Beijing Stock Exchange

2023-11-30

On November 30, 2023, Machinery Technology Development Co., Ltd. (stock code: 835579) was listed on the Beijing Stock Exchange. For the initial public offering, it offered 31.2 million shares, at the price of RMB8.00 each, and raised a net amount of about RMB235 million.

As the issuer’s legal counsel, the DeHeng team, led by partners Li Bo and Sang Shidong, and with primary support from lawyers Bao Wenzhi and Niu Qing, worked together with the issuer, sponsors and auditors, and provided comprehensive, professional, efficient and high-quality legal services for the listing. In the future, DeHeng will continue to provide high-quality legal services to the client.