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Tahota helped Changjiang Material IPO to be successfully listed on A-Share Main Board of Shenzhen Stock Exchange

2021-12-24 Views:3152

On December 24, 2021, the Initial Public Offering (IPO) Project of Chongqing Changjiang River Moulding Material (Group) Co., Ltd. undertaken by Tahota was officially listed on the A-share Main Board of Shenzhen Stock Exchange. The stock is referred to as "Changjiang Material" for short, and the stock code is "001296".

Since being employed as the lawyer of the IPO project issuer of Changjiang Material in early 2016, Tahota has provided professional, efficient and all-round legal services for this IPO of Changjiang Material, and has won high recognition from the company and relevant cooperative institutions. Lawyer Liu Zhiqiang (senior partner) and Lawyer Mei Yingxue (partner), as the signing lawyers of this IPO project, together with their team members, participated in the whole process of project undertaking, project site work handling, project quality controlling and major issues discussing. The project team was composed of lawyers Wu Kaiming, Hu Die, Hou Zhengzhong and Wu Minjing. Tahota Securities Business Core Committee also provided supports for this IPO project.

Changjiang Material is a large-scale supplier for production of professional coated sand and solution provider for waste (old) sand resource in China. It specializes in mining and processing of raw sand; production of coated sand; sand core and auxiliary materials for casting; R & D and production of casting waste (old) sand regeneration technology and equipment; and production of fracturing proppant, hence having formed an integrated comprehensive service advantage of self-sufficiency in raw materials; production and extended manufacturing; casting waste (old) sand recycling. The company's main business is R & D, production and sales of silicon sand, coated sand and sand core for casting; R & D and production of casting waste (old) sand regeneration technology and equipment; R & D, production and sales of fracturing proppant. The company's casting material series products are mainly used for casting production in industries including automobile, motorcycle, internal combustion engine, agricultural machinery, engineering machinery. Fracturing proppant is used for exploitation of oil, natural gas and shale gas. The company has established production bases in Beibei of Chongqing, Tongliang of Chongqing, Shiyan of Hubei, Xiantao of Hubei, Kunshan of Jiangsu, Changzhou of Jiangsu, Chengdu of Sichuan, Yibin of Sichuan, Guangyuan of Sichuan, Jinan of Shandong, Kunming of Yunnan, Kezuo Houqi of Inner Mongolia, etc.

Tahota Capital Market Legal Service Center will keep providing clients with efficient, high-quality and professional securities legal services to boost the high-quality development of multi-level capital market.