The IPO application of Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. ("Zhejiang Jingsheng") was passed and approved at the 11^th meeting of the Securities Public Offering Examination and Approval Committee fir GEM of the China Securities Commission ("CSRC") on February 14, 2012.

Zhejiang Jingsheng is a high-tech enterprise engaged in the equipment R&D, manufacturing and marketing for semiconductor and photovoltaic material industry. The main products of the company include automatic CZ crystalline growing furnace and multi-crystalline silicon furnace.

The company intends to offer a limited number of 33,350,000 shares (accounting for 25.0094% of its total issued shares) to raise funds for investment in the expansion of automatic CZ crystalline growing furnace.

Grandall Hangzhou Office has been retained and acted as the Issuer's Counsel. The project was led by Mr. SHEN Tianfeng (partner), with Mr. HU Xiaoming and Mr. WU Gang being the key Grandall attorneys servicing Zhejiang Jingsheng.

Click here to find out more: Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.