DeHeng Assisted Hebei Shichang Auto Parts Co., Ltd. in Listing on Beijing Stock Exchange

2025-09-22

On September 19, 2025, the shares of Hebei Shichang Auto Parts Co., Ltd. (stock code: 920022) officially commenced trading on the Beijing Stock Exchange. In this public offering, Shichang Auto Parts issued 15.7 million shares, resulting in a post-issuance total share capital of 57.966 million shares. The issuance price was RMB 10.90 per share, raising a total of RMB 171.13 million. The funds will be primarily used for Zhejiang Xingchang Automotive Technology Co., Ltd.’s new energy high-pressure fuel tank project (phase 2) with an annual production capacity of 600,000 units, in addition to replenishing working capital.

As the issuer’s counsel for the offering, the DeHeng team, with primary support from lawyers Zhao Huailiang, Du Hangliang, and Du Peilin, worked closely with the issuer, sponsors, and the auditing firm, and provided comprehensive, professional, high-quality, and efficient legal services throughout the process. Their professional and dedicated work received high praise from the client.

▲DeHeng lawyers attend the listing ceremony upon invitation.