Recently, New Fortune released the "14th New Fortune Best Investment Banks". Four capital market projects advised by Grandall were on the list.

Best Investment Banks in China:

• Best STAR Market Deal: 3peakIncorporated

• Best Convertible Bond Deal: Eastmoney- CB2

• Best NEEQ Deal: Dalian LintonNC Machine

• Most Creative Deal: Wasu Media's Substantial Asset Restructuring

The award "New Fortune Best Investment Banks", which started in 2004, serves as the most comprehensive local investment banking awards in China. It aims to discover the best investment banking teams, projects and business elites in China, promote the comprehensive ability of Chinese investment banks, and contribute to the stable and healthy development of the capital market. The selection uses a combination of objective and subjective evaluations through multi-dimensional indicators to award the New Fortune Best Investment Banks of the Year.