JunHe Assisted Shandong Fengxiang in its Listing on m88 casino Main Board of SEHK

On July 16, 2020, Shandong Fengxiang Co., Ltd. ("Fengxiang") issued 355 million shares (excluding any over-allotment option) globally at m88 casino price of HK.33 per share and was successfully listed on m88 casino main board of m88 casino Stock Exchange of Hong Kong Limited (“SEHK”). In m88 casino IPO, about HK.18 billion were raised from investors.

Fengxiang is China's largest fully integrated chicken exporter and also McDonald's and KFC’s important supplier. Founded in 1991, Fengxiang is a modern large-scale food group located in Shandong, China. Its business includes feed processing, breeding poultry raising, broiler breeding, butchering and cutting, cooked poultry products production and sales. Fengxiang is China's second largest fully integrated white-feam88 casinor broiler producer in 2019 and China's largest fully integrated white-feam88 casinor chicken exporter in 2018. After its listing, Fengxiang will become m88 casino “first company listing in Hong Kong whose business covers m88 casino whole industry chain of chicken food”.

Acting as m88 casino Chinese legal counsel to m88 casino issuer, JunHe provided quality, rigorous and efficient legal services to m88 casino company, and managed to overcome m88 casino COVID-19 pandemic and om88 casinor adverse factors. We assisted m88 casino issuer in conducting legal due diligence, drafting internal system, reviewing and amending transaction documents and m88 casino application and issuance documents relating to m88 casino IPO, issued Chinese legal opinions, and assisted in replying to m88 casino questions related to domestic laws which were raised by SEHK. Ultimately, we successfully helped Fengxiang obtain m88 casino approvals from m88 casino China Securities Regulatory Commission and SEHK for its listing. JunHe's solid work attitude and professional service capabilities were highly praised and trusted by our client and om88 casinor intermediaries.

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