Biocreatech announced its completion of tens of millions of yuan of Series A funding recently. Grandall Shenzhen Office, as the special legal advisor of the company, has vigorously participated in the review, revision and negotiation of relevant transaction documents, greatly promoting the smooth progress of the transaction.
On 13 March 2024, Newtechwood Corporation (301588 S.Z.) successfully listed on the ChiNext Board of Shenzhen Stock Exchange. Grandall Shenzhen Office acted as the issuer's advisor with Mr. WANG Caizhang, Ms. PENG Yao and Mr. LI Deqi as key lawyers serving the case.
On 28 February 2024, Nanjing Comptech Composites Corporation successfully listed on the ChiNext Board of Shenzhen Stock Exchange, marking the first company listed on the ChiNext Board after the spring festival of 2024. Grandall Nanjing Office worked as the issuer's legal counsel with Zhong JING, Zhuo WANG, Xi PAN and Fei YANG as key lawyers serving the case.
On 5 February 2024, Welltrans O&E Co., Ltd. (“Welltrans”) issued the Announcement on the change of control from Jun Chen to State-owned Assets Supervision and Administration Commission of Hubei Provincial People's Government.
On 29 March 2023, Seacon Shipping Group Holdings Limited (“Seacon”, 2409.HK) successfully listed on the mainboard of Hong Kong Stock Exchange. Grandall Hong Kong has been retained as the legal advisor for this IPO project with partners Daniel Wan and Agnes Wong as key lawyers serving the case.
Deal gives Aramco a significant minority stake in China's largest private chemical processing company
Hidden Harbor Capital Partners, together with other PE funds and international financial institutions, recently acquired Dayco, LLC, a 115-year-old world leader in engine drive systems and aftermarket services. Grandall served as the PRC counsel to Hidden Harbor, with Mr. Kevin Qian, General Counsel of International Development & Foreign Affairs, leading the Grandall team.
On 20 January 2023, the reorganization project of Wuxi Zhenhua Auto Parts Co., Ltd. (605319.SH, “Wuxi Zhenhua”) was passed and approved by China Securities Regulatory Commission.
On 16 January 2023, Beauty Farm Medical and Health Industry Inc. (2373.HK, “Beauty Farm”), a leading beaty and health management service company in China, was listed on the mainboard of HKEx. The company offered 40,536,500 shares globally at the issue price of HKD 19.32 with oversubscription by approximately 21.12 times in the HK public offering and 4.7 times in the international offering, and the maximum opening gain was over 70% on the first day.
Recently, Grandall Changsha Office advised Pengze County Urban Development Construction Group Co., Ltd. (“Pengze Construction Group”) in its issue of senior unsecured credit enhancement bonds with a maturity of 35 months and denominated in USD under Regulation S to raise funds for Pengze County rural habitat environment comprehensive improvement project and to supplement working capital. The bonds were unrated, with standby L/C provided by Jiujiang Bank Co., Ltd., and closed on 23 December 2022.
On 31 October 2022, Shanghai Sanrise Industries & Development Co., Ltd. (“Sanrise”) signed the 100% equity transaction with IMCD China, a subsidiary of IMCD N.V. IMCD has acquired 70% of equities of Sanrise, and the remaining 30% will be acquired in 2025. The founder of Sanrise will continue to lead the company after the first acquisition. Grandall Shanghai Office has acted as Sanrise's legal advisor with LI Qiang (managing partner of Shanghai Office), HUANG Chao and DONG Liang (partners of Shanghai Office) and other lawyers serving the case.