Recently, COSCO Shipping Energy Transportation Co., Ltd. ("COSCO Shipping", with the stock codes as 600026.SH and 1138.HK) successfully completed the issuance of A-shares to specific targets and raised a total of RMB 8 billion, marking the largest inquiry-based private placement project in the A-share market in the past two years. The investors include a number of large central state-owned enterprises and national-level funds such as Guoxin Development, State-owned Enterprise Mixed Reform Fund, and National Green Development Fund.
Grandall Shanghai has been retained as the issuer's legal counsel with LIU Wei, CHENG Jingjiao, HE Linfei, TANG Enqi, WANG Junxi and WANG Hao as key lawyers serving the project.