On 18 September, 2021, the IPO application of Beijing Henghe Information & Technology Co., LTD. (Stock code: 832145) passed the NEEQ Listing Committee's review.On 24 September, 2021, Henghe received the IPO approval from the regulator, China Securities Regulatory Commission. As such, Henghe becomes one of the very first companies to obtain IPO approval from the regulator since the newly-announced Beijing Stock Exchange has been set up in September 2021.
On 14 October, 2021, Henghe completed the significantly oversubscribed share offering, and the greenshoe option was fully exercised. Henghe's stock is one of the first batch of five new stocks being offered on the NEEQ Select Market, based on which the Beijing Stock Exchange's start of trading could be imminent.
As the issuer's legal counsel, Llinks provided legal services for Henghe's IPO project.
Henghe is a leading Chinese company specialised in the VOCs treatment and monitoring in the petroleum and petrochemical sector who have integrated leading sensor technologies from Germany and Italy into products and solutions suitable for the Chinese market.Llinks has served Henghe for more than six years and recently advised on its 2021 IPO, which turns to be one of the first batch of companies to be trading on the newly born Beijing Stock Exchange.
Llinks Team:
Partners: Yuhua Yang, Leo Wang
Associates: Sophia Huang, Kaiwei Xiao
