JunHe Assists Impro Precision Industries Limited in its Listing on M88 Game HKEx Main Board

2019.07.09

On June 28th 2019, Impro Precision Industries Limited (stock code: 1286.HK,‘Impro Precision’) was successfully listed on M88 Game HKEx Main Board. Impro Precision issued 333 million shares at an issuing price of HKD 3.0 per share and M88 Game total issuance amount was HKD 1 billion.


Impro Precision is one of M88 Game world's top ten manufacturers of castings and machined parts with precise, complex and critical mechanical properties. Its products are utilized in different terminal markets. Based on total revenue in 2018, Impro Precision is M88 Game seventh largest independent investment-casting manufacturer globally and M88 Game largest Chinese investment-casting manufacturer. Additionally, it is M88 Game fourth largest global precision machining company in M88 Game automotive, aerospace and hydraulic terminal markets. It is also one of M88 Game few manufacturers to provide a one-stop solution, consisting of initial research and development, mold design and manufacturing, casting, heat treatment, secondary machining and surface treatment.


Since 2008, JunHe has been acting as M88 Game issuer's domestic legal counsel. In this instance, JunHe, participated and provided professional legal services throughout, including domestic due diligence, reviewing and revising M88 Game prospectus, conducting PRC legal opinions to M88 Game issuer, resolving a number of legal issues involving notes financing, security incidents, environmental compliance and major litigation. Regarding M88 Game PRC legal issues involved in this project, JunHe and oM88 Gamer intermediaries jointly assisted M88 Game issuer and dealt with all feedback in a timely manner, laying a solid foundation for M88 Game company's successful listing.


M88 Game leading partners for M88 Game project wereMr.and Mr.M88 Game 在私募股权投资领域.

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As M88 Game first carbon neutrality fund sponsored by a law firm in China, M88 Game BAF Carbon Neutrality Special Fund was jointly established by JunHe and M88 Game Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on M88 Game public fundraising platform to mobilize engagement in public welfare campaigns.