The application filed by Anhui Fengxing Wear Resistant Materials Co., Ltd. (“Anhui Fengxing”) was passed and approved at the 94th meeting of the Securities Public Offering Examination and Approval Committee of the China Securities Regulatory Commission (“CSRC”), and the shares were listed on Shenzhen Stock Exchange for trading on 11 June 2015.

Anhui Fengxing intends to offer a limited number of 22 million shares (accounting for 25% of the total issued shares) at RMB 8.31 per share, and the funds so raised amount to RMB 182.82 million.

As established in December 1997, the company is a high-tech enterprise dedicating to the development, manufacture and sale of resistant materials.  It has become one of the leading manufacturers and providers in the industry in China.

Grandall Beijing Office has acted as the issuer’s counsel, with Mr. Cheng Xianquan and Mr. Guo Xu being the key Grandall Lawyers servicing the case.