On 8 April 2015, the application for IPO filed by Anhui Guangxin Agrochemical Co., Ltd. (“Anhui Guangxin”) was passed and approved at the 69th meeting of the Securities Public Offering Examination and Approval Committee of China Securities Regulatory Commission.

As established in March 2000, Anhui Guangxin is a high-tech enterprise specializing in the research, development, production and sale of pesticide and intermediate with phosgene as raw material.  The company has built long-term cooperation with many famous chemicals manufacturers, including DuPont, Nippon Soda Co., Ltd. and Sinon Chemical. Anhui Guangxin has been awarded ‘Key High-tech Enterprise of China Torch Program’, ‘Model Innovative Enterprise of Anhui Province’ and ‘Top 10 Private Enterprise of Anhui Province in Foreign Exchange Earning’, etc.

Anhui Guangxin intends to issue no more than 47.06 million shares so as to raise the funds in an amount of RMB 700 million for particular projects.

Grandall Shanghai Office has been retained as the issuer's counsel with Mr. FANG Jie, Mr. CHEN Feng and Mr. ZHU Feng as key lawyers servicing the case.