On 30 June 2026, Hangzhou Qiandaohu Xunlong Technology Co., Ltd. (06715.HK, "Xunlong Technology") completed its initial public offering and was listed on the Main Board of the Stock Exchange of Hong Kong Limited. Grandall Shanghai has been retained as the PRC legal counsel to the sponsor for this offering, with partner ZHANG Xiaolong and lawyer LIN Lingjia as key lawyers serving the case.