On 16 March 2022, Shaanxi Sirui Advanced Materials Co., Ltd. (688102.SH) (“Shaanxi Sirui”) was successfully listed on the STAR Market of Shanghai Stock Exchange.  The company issued 40.01 million shares and raised RMB 419 million in total.  Grandall Xi'an Office acted as the legal counsel of the issuer.

Shaanxi Sirui is a company focusing on the development, manufacture and sales of high performance copper alloy materials, products and other special copper alloy series materials.  The company has over 150 patents for inventions, and has undertaken major scientific research projects, such as ‘863 Program’.  In addition, it has won national and provincial honors such as the National Science and Technology Progress Award, the Non-ferrous Metals Industry Science and Technology Award, and the Champion Product of the Ministry of Industry and Information Technology.   Its main customers include GE, Westinghouse Brakes, Siemens, ABB, Alstom, Schneider, and CRRC.

Grandall Xi'an Office has been retained as the issuer's legal counsel with LIU Fengyun (managing partner), LIU Ruiquan, CHEN Siyi, LIANG Deming, and ZHANG Wenbin being key lawyers serving the case.