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JunHe Assists Hansong Technology in its Listing on the Shenzhen Stock Exchange's ChiNext Board

2025.08.06

On August 6, 2025, Hansong (Nanjing) Technology (Hansong Technology, stock code: 301491) was listed on the ChiNext Board of the Shenzhen Stock Exchange (SZSE). The company publicly issued 32.25 million ordinary shares at RMB 28.91 per share, raising a total of approximately RMB 932.3475 million.


Founded in 2003, Hansong Technology is an industry-leading integrated supplier of high-end audio products and full-chain audio technology solutions. The company specializes on the research and development of high-performance audio, innovative audio products, and related technologies. It has core technological capabilities in the audio field, including high-performance audio signal processing and amplification, audio transmission, and intelligent audio systems. Hansong Technology has collaborated with many well-known brands in various segments of the global audio industry, including NAD, Bluesound, SnapOne, Sonance, JBL, McIntosh, Sonus Faber, B&W, Denon and Tonies.


JunHe served as the issuer's legal advisor for Hansong Technology's ChiNext IPO.


JunHe has acted as Hansong Technology's legal advisor since 2018. We have provided one-stop legal services in areas such as cross-border restructuring, private equity financing, capital markets, and compliance operations. These services include: (1) acting as a financing legal advisor to assist the company in completing pre-IPO private equity financing, participating in transaction structure design, reviewing transaction documents, and negotiating; (2) acting as the IPO issuer's legal advisor to assist the company in setting up a red-chip structure, dismantling the red-chip structure, restructuring to establish a joint-stock company, formulating an employee equity incentive plan, conducting legal due diligence on Hansong Technology, issuing legal opinions, and preparing a full set of A-share IPO legal application documents. We assisted the company to complete the listing counseling acceptance and the listing application, assisted it to pass the listing committee review meeting, successfully respond to SZSE feedback, and ultimately list on the ChiNext Board; (3) acting as the Hong Kong legal advisor to issue legal opinions on matters such as the establishment and maintenance of Hansong Technology's Hong Kong subsidiary in the ChiNext IPO.


The lead partner for Hansong Technology is Mr. ZHANG, Ping (Pete). The partners responsible for the ChiNext IPO and the private equity financing were Mr. ZHANG, Ping (Pete) and Mr. LI, Chenliang, with counsel Mr. YANG, Haifeng as the main lawyer. The partners providing Hong Kong legal services were Ms. YE, Yurong and Mr. Alan Chen and the internal core partner was 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.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.