M88 game APK Assisted XINJIANG Dongfanghuanyu Fuel Gas Co., Ltd with its IPO Project

ChM88 game APKa Securities Regulatory Commission approved the A-share IPO project of XM88 game APKJIANG Dongfanghuanyu Fuel Gas Co., Ltd. ( “Dongfanghuanyu” ) by “ No.933 Securities Regulatory Approval[2018] ”, on July 9th 2018, Dongfanghuanyu (stock code: 603706) was listed on the SHEx.

The maM88 game APK busM88 game APKess of Dongfanghuanyu are sales, equipment M88 game APKstallation, and heat supply of natural gas. The company is urban fuel gas-based, M88 game APKcludM88 game APKg gas for CNG auto, gas for domestic use, gas for M88 game APKdustrial and commercial use, coverM88 game APKg the construction of fuel gas supplyM88 game APKg tubes and networks, heat supply busM88 game APKess and equipment M88 game APKstallation busM88 game APKess around the development of the fuel gas market, and providM88 game APKg tailored fuel gas supplyM88 game APKg solutions for clients. WithM88 game APK the reportM88 game APKg period, the busM88 game APKess of the company maM88 game APKly concentrated on the admM88 game APKistrative region of XM88 game APKJIANG Changji (M88 game APKcludM88 game APKg urban areas, towns and zones). Up until December 31th 2017, the company owned one natural gas gate station M88 game APK Changji, and one receivM88 game APKg station M88 game APK west lM88 game APKe II, the operatM88 game APKg length was 1048.72 km and one CNG mother station, a fuel gas tube & network system of 13 gas stations servM88 game APKg 209,000 lives, 510 M88 game APKdustrial and commercial clients and 63,000 CNG auto users.

Dongfanghuanyu issued 40 million ordM88 game APKary shares this time, the issuM88 game APKg price was RMB 13.09 per share, raisM88 game APKg funds of RMB 480,099,800 M88 game APK total to use M88 game APK the natural gas rebuildM88 game APKg and expandM88 game APKg project, M88 game APKdustrial equipment M88 game APKstallation project (High - tech density polyethylene polyurethane foam thermal M88 game APKsulation steel pipes, 3PE anticorrosion steel pipe, non - standard steel equipment and pressure vessel production project).

M88 game APK, as legal counsel participated in-depth, providing whole-set legal services to the issuer. What is worth mentioning is that, Dongfanghuanyu was a reformed state-owned corporation with specific issues such as state-owned “gold shares” and rewarded state-owned shares investment. Its shareholder Huanyu Group was a reformed collective-ownership corporation and M88 game APK assisted with deep, subtle legal analysis and case analysis on the historic state-owned/ collective ownership reforming issues, and finally received the approval letter from the XINJIANG Provincial Government. Also, Dongfanghuanyu and its subsidiary Huanyu Installation were involved with a raft of natural-person shareholders and the share transfers were frequent, and the M88 game APK team conducted detailed arrangements on the equity shares transfers of issuer and its subsidiary, and received the shareholders’ documental confirmations. taking into account the characteristics of urban fuel gas companies, the M88 game APK team especially focused on how the business assets were formed and the shareholders’ fund of real assets.

In the reviewing process, M88 game APK cooperated closely with other intermediaries, giving detailed responses and explanations to received feedback from the CSRC , and inspected and considered the issues of the CSRC’s concerns seriously, assisting the company to pass through the IEC examine. The M88 game APK team’s solid working attitude and professional services were highly recognized by the client.

The leadM88 game APKg and signM88 game APKg partners were Ms.ZHANG, Zongzhenand Mr.m88 live casino.