2026.05.28
On May 27, 2026, Hubei Longchen Technology Co., Ltd. (Longchen Technology) successfully completed its public offering of shares to unspecified qualified investors and was listed on the Beijing Stock Exchange (stock code: 920161). Longchen Technology successfully passed the review of the Beijing Stock Exchange Listing Committee on February 27, 2026. It was the first company to pass the review of the Beijing Stock Exchange after the 2026 Spring Festival and the first from Huanggang City, Hubei Province, to be listed on the Beijing Stock Exchange. In this issuance, Longchen Technology issued 33,998,500 new shares at an issue price of RMB 9.21 per share, raising a total of RMB 313,126,200. JunHe acted as the issuer's legal counsel.
Founded in 2003, Longchen Technology is a national high-tech enterprise focused on the research, production and sales of BOPP film materials related to film capacitors. Its products cover key industries such as electronics, home appliances and new energy, and are sold around the world. Longchen Technology has a philosophy of "quality as the core, technology as the wing," and promotes the globalization of high-end domestic electronic materials through its technological innovation and industrialization capabilities.
JunHe has been working with the company since 2021, participating in all aspects of the company's entry into the capital market. We assisted the company in completing private placement financing and provided high-quality legal services in this issuance and listing . Our team are known for their consistent, efficient and pragmatic work style. Their meticulous, professional service attitude earned unanimous recognition and trust from the company and its partners.
The lead partners for this project were YOU, Yi, FENG, Ai and SHEN, Na. ZHAO, Jikui was the internal review partner.
