Grandall Nanjing Office has advised Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources (600392.SH), on its acquisition of 86% of equity in Jiangyin Jiahua New Material Co., Ltd. held by NEO International Corporation (NEO), 95% in Zibo Jiahua New Material Co., Ltd. held by NEO and 5% in Zibo Jiahua New Material Co., Ltd. held by Zibo Shijia Trading Co., Ltd. Grandall Nanjing Office has been retained by Chenguang Rare Earth as the legal advisor for this acquisition project.
On 18 June, 2024, Shanghai Lingang Economic Development (Group) Co., Ltd (“Lingang Group”) successfully issued offshore RMB social responsibility bonds of 800 million on both the Hong Kong Stock Exchange and the Luxembourg Stock Exchange, becoming the world's first offshore RMB social responsibility bond by a non-financial institution and the first social responsibility bond from China listed on the Luxembourg Stock Exchange.
Biocreatech announced its completion of tens of millions of yuan of Series A funding recently. Grandall Shenzhen Office, as the special legal advisor of the company, has vigorously participated in the review, revision and negotiation of relevant transaction documents, greatly promoting the smooth progress of the transaction.
On 13 March 2024, Newtechwood Corporation (301588 S.Z.) successfully listed on the ChiNext Board of Shenzhen Stock Exchange. Grandall Shenzhen Office acted as the issuer's advisor with Mr. WANG Caizhang, Ms. PENG Yao and Mr. LI Deqi as key lawyers serving the case.
On 28 February 2024, Nanjing Comptech Composites Corporation successfully listed on the ChiNext Board of Shenzhen Stock Exchange, marking the first company listed on the ChiNext Board after the spring festival of 2024. Grandall Nanjing Office worked as the issuer's legal counsel with Zhong JING, Zhuo WANG, Xi PAN and Fei YANG as key lawyers serving the case.
On 5 February 2024, Welltrans O&E Co., Ltd. (“Welltrans”) issued the Announcement on the change of control from Jun Chen to State-owned Assets Supervision and Administration Commission of Hubei Provincial People's Government.
On 29 March 2023, Seacon Shipping Group Holdings Limited (“Seacon”, 2409.HK) successfully listed on the mainboard of Hong Kong Stock Exchange. Grandall Hong Kong has been retained as the legal advisor for this IPO project with partners Daniel Wan and Agnes Wong as key lawyers serving the case.
Deal gives Aramco a significant minority stake in China's largest private chemical processing company
Hidden Harbor Capital Partners, together with other PE funds and international financial institutions, recently acquired Dayco, LLC, a 115-year-old world leader in engine drive systems and aftermarket services. Grandall served as the PRC counsel to Hidden Harbor, with Mr. Kevin Qian, General Counsel of International Development & Foreign Affairs, leading the Grandall team.
On 20 January 2023, the reorganization project of Wuxi Zhenhua Auto Parts Co., Ltd. (605319.SH, “Wuxi Zhenhua”) was passed and approved by China Securities Regulatory Commission.
On 16 January 2023, Beauty Farm Medical and Health Industry Inc. (2373.HK, “Beauty Farm”), a leading beaty and health management service company in China, was listed on the mainboard of HKEx. The company offered 40,536,500 shares globally at the issue price of HKD 19.32 with oversubscription by approximately 21.12 times in the HK public offering and 4.7 times in the international offering, and the maximum opening gain was over 70% on the first day.
