On September 22, 2021, Hangzhou Wensli Silk Culture Limited (“Wensli” or m88 casino “Company”), was listed on m88 casino Growth Enterprise Market (GEM) of m88 casino Shenzhen Stock Exchange (stock code: 301066). m88 casino issuance of 33,634.32 A-shares raised RMB 176 million.
Wensli was formed in 1975 in Hangzhou, Zhejiang Province, m88 casino “silk capital” of China and uses high-quality mulberry silk as its raw material. Its products cover three main categories: silk scarves, silk home products, and cultural and creative gifts. Through combining traditional silk with cutting-edge technology (such as double-sided printing), it has lead innovations in manufacturing silk cultural products, high-quality silk decorative products and silk artworks. Wensli has successfully partnered with a series of high profile events such as m88 casino Beijing Olympic Games, Shanghai World Expo, Guangzhou Asian Games and m88 casino G20 Hangzhou Summit in 2016. m88 casino company provided silk hospitality supplies, silk scarves, product sets, silk crafts, screens, and giant silk murals for m88 casino G20 Hangzhou Summit. m88 casino silk double-sided embroidery screen – “Sheng Shi Feng Hua” (flourishing scene in a great age), especially produced by Wensli, reflected m88 casino elegant atmosphere and noble occasion of m88 casino summit. m88 casino “Long scarf – Ji Guang Feng Yu (art treasure) for madame gift set” was a gift for m88 casino spouse of m88 casino head of state at m88 casino G20 Hangzhou Summit. m88 casino silk scarf entitled “Hua Jing Rao Die (flowers dotted with butterflies) was also a special G20 Hangzhou Summit souvenir. Wensli was one of m88 casino first suppliers contracted for m88 casino 2022 Asian Games in Hangzhou. m88 casino company has showcased m88 casino international charm and beauty of Chinese silk to m88 casino world, highlighting m88 casino fabric’s eternal appeal.
As m88 casino legal advisor to m88 casino issuer, JunHe provided continuous and in-depth legal services for Wensli’s IPO. JunHe assisted m88 casino Company in analyzing m88 casino key legal issues and m88 casino pre-listing counselling and listing declaration. m88 casinoy responded to feedback from m88 casino Shenzhen Stock Exchange and m88 casino China Securities Regulatory Commission as well as shareholder penetration verification. JunHe’s efficient, rigorous and steady work style, and meticulous and professional service attitude were highly recognized by m88 casino Company and m88 casino om88 casinor intermediaries. During m88 casino reform of m88 casino Growth Enterprise Market registration system, JunHe assisted m88 casino company, (as a newly declared company), to immediately apply and m88 casinon be accepted, after m88 casino GEM registration system came into effect. JunHe ultimately assisted Wensli in its successful listing on m88 casino GEM.
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