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JunHe Advised on GreenTech A-Share IPO on SSE STAR Market

2020.06.08

On May 8, 2020, GreenTech Environmental Co., Ltd (“GreenTech Environmental” or the “Company”) was listed on SSE STAR Market with the stock code of 688466.  JunHe acted as the attorney of the issuer.  GreenTech Environmental issued 25.69 million new A-shares at an issuance price of RMB24.61 per share. GreenTech Environmental is the second listed company in the industry of ecological protection and environmental governance on SSE STAR Market.

 

GreenTech Environmental is dedicated to the advanced treatment of drinking water, sewage and wastewater, and recycling and reuse of resources, and practices the development concept of "Green Water and Green Mountains are mountains of gold and silver". In the field of advanced treatment of drinking water, the typical projects implemented by the company include the ultra-filtration tap water advanced treatment project of Beijing South-to-North Water Diversion Project, the Chongli and Yanqing drinking water treatment projects of the two main venues of the Winter Olympics. In the field of advanced treatment of municipal sewage, the company is one of the few representative enterprises that adopt ultra-filtration technology to implement the project of more than 200,000 tons of water plants per day,and its typical projects include Beijing, Shenzhen, Wuxi and other large advanced sewage treatment projects. According to GWI, a global water think-tank, the company ranked 11th in 2018 as one of the "top 15 developers in global water desalination and water reuse projects". In 2019, Tangshan Nanbao Wastewater Recycling Project selected as the "2019 Global Water Award for the Best Industrial Water Treatment Project of the Year", is one of the four finalists in the world, and the only finalist in China.

 

JunHe, as the attorney of the issuer of this project, has provided a series of legal services throughout the whole process of the company's A-share listing from 2017, assisted the company in completing major legal matters such as the establishment of a joint- stock company through restructuring, the introduction of strategic shareholders, the disposal of major investment projects, and the application for listing on the Sci-Tech Innovation Board; in the course of the examination and enquiry about the listing, it conducted in-depth study of the relevant provisions on the environmental protection industry, and replied to the enquiry questions in a meticulous and targeted manner in combination with the characteristics of the company's shareholding structure, subdivision of industries, projects and business conditions.  JunHe team has been recognized by the company and other intermediaries for its efficient, rigorous, stable work style and  meticulous, professional service attitude.

 

The leading partners are Mr. SHI, Tiejun and Mr. LI, Ruochen.

 


JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.