On 11 November 2021, Zhejiang Oceanking Development Co., Ltd. (603213.SH, “Zhenyang Development”) successfully listed on the Main Board of Shanghai Stock Exchange, marking the first enterprise in Zhejiang Transportation Group to complete the mixed-ownership reform, share reform and listing after the current round of state-owned enterprise mixed-ownership reform has been launched.
Beijing Stock Exchange started trading on 15 November 2021, with the first batch of 81 companies debuting on the stock exchange, including 10 companies that directly listed thereon after completing corresponding procedures and 71 that have been transferred from the selected tier of the New Third Board; among which, ten were advised by Grandall in their respective listing projects, accounting for 12.3%, ranking first among law firms.
On 19 October 2021, Qingdao Central Sub-Branch of the People's Bank of China (the “Bank”) held a ceremony to issue the appointment letter for external legal counsel. Grandall Qingdao Office has been retained as the external perennial legal counsel with partners PENG Shanling and XIE Yang and associate CHEN Hao as key lawyers serving the case.
On 28 September 2021, the application filed by Henan Tongxin Transmission Co., Ltd. (“Tongxin Transmission”) for public issuance of shares to non-specific qualified investors and listing on select tier was reviewed and passed by the Listing Committee of National Equities Exchange and Quotations Co., Ltd., and was further approved by China Securities Regulatory Commission on 8 October 2021. Grandall Tianjin Office acted as the issuer's legal counsel.
On 29 September 2021, Tibet Duo Rui Pharmaceutical Co., Ltd. (301075. SZ, “Tibet Duorui”) was successfully listed on the ChiNext Market of Shenzhen Stock Exchange. Grandall shanghai acted as the issuer's legal counsel.
After careful investigation, Bank of Luoyang has formally signed the Retainer Agreement with Grandall, engaging Grandall Zhengzhou Office as its perennial legal counsel in 2021.
On 14 September 2021, Shanghai Ailu Packaging Co., Ltd. (“Shanghai Ailu”, 301062.SZ) successfully listed on the SZSE ChiNext Market. Grandall acted as the legal counsel for the case.
Yangzhou Yuanbo Investment and Development Co., Ltd. (“Yangzhou Yuanbo”) recently offered a 364-day USD 46 million senior unsecured fixed rate bond with a coupon of 2.2%, on the Singapore Exchange.
Sentage Holdings Inc., the overseas holding parent company of Shanghai Sentage Technology, was listed on the NASDAQ Stock Exchange on July 9, 2021 (US TIME), with the stock code “SNTG”.
Kunming Public Rental Housing Development and Construction Management Company Limited ("Kunming Public Rental Housing Company") recently issued 3-year USD 100 million senior unsecured fixed rate bond with a coupon of 5.5% and listed on the Stock Exchange of Hong Kong. Grandall Kunming Office has been retained as the Chinese legal advisor with JIANG Jingjing, MENG Jingxia, and ZHOU Yuhong as key lawyers serving the project.
On July 5, 2021, Zylox-Tonbridge Medical Technology (“Zylox-Tonbridge”, stock code: 2190.HK), the market leader in neurological and peripheral vascular interventional medical devices in China, successfully listed on the Main Board of HKEx with the issue price at HKD 42.7 and was oversubscribed by more than 1,190 times, raising over HKD 2.56 billion (before the exercise of the over-allotment option).
