2022.07.25
On July 25, 2022, JunHe was appointed by Chuhuan Science and Technology Co., Ltd. (under stock code 001336) (“Chuhuan” or the “Company”) to be its counsel for its listing on the main board of the Shenzhen Stock Exchange. Chuhuan issued 20,093,500 A-shares at a price of RMB 22.96 per share. The offering intended to raise a total amount of RMB 461 million.
Established on June 1, 2005, Chuhuan is a waste gas and odor treatment system solution provider integrating R&D, design, manufacturing, sale and service functions. Chuhuan’s primary customers include businesses in the municipal sewage, kitchen waste, breeding and butchery, petroleum refining, pharmaceutical and chemical, dairy product, food processing, spraying, textile printing and dyeing and liquor making industries. Its main products and services include waste gas and odor treatment equipment, water treatment equipment and equipment maintenance services. After more than a decade of growth and development, Chuhuan has become a leading expert in the field of waste gas and odor treatment in China.
JunHe acted as the counsel of the issuer in this project. It has provided continuous and in-depth legal services for Chuchuan since 2017, and assisted the Company in implementing employee stock incentive plans, the transformation of the Company into a joint stock company, pre-IPO strategic financing, pre-IPO counselling and the filing of the application for listing. JunHe also provided Chuchuan with in-depth legal analysis on the key concerns raised by the securities regulatory authority during the IPO application examination and assisted in responding to questions from the securities regulatory authority efficiently. With JunHe’s assistance, the project was performed successfully. In the project, JunHe maintained the efficiency, prudence, steadiness, dedication and professionalism it has consistently kept in its past practice, and thus won unanimous recognition from the Company and the other intermediaries.
The project was led by partners YOU, Yi, FENG, Ai, SHEN, Na and XIAHOU, Yinchu. Partner LIU, Xin was responsible for the internal review.
