On 10 January 2025, Numans Health Food Holdings Company Limited (2530.HK, “Numans”), a leading enterprise in China's maternal and infant algal oil DHA market, successfully listed on the Main Board of Hong Kong Stock Exchange. Grandall Shenzhen Office has been retained as the Chinese domestic legal advisor to the sponsor and underwriter for Numans' initial public offering and listing on the HKEx. The legal team include WU Jianshe, LIU Tianning and ZHANG Weimin, partners of Grandall Shenzhen, and lawyer LIU Qian.
On 10 January 2025, the project of Shanghai Gentech Co., Ltd. (688596.SH, “Gentech”) issuing convertible bonds was passed and approved at the 1st review meeting of the Listing Review Committee of Shanghai Stock Exchange, marking the 1st convertible bonds project to pass the review on the STAR Market in 2025.
Recently, the registration for private placement of shares by Ningxia Younglight Chemicals Co., Ltd. (000635.SH) (hereinafter referred to as “Younglight”) was approved by the China Securities Regulatory Commission, for which Grandall Yinchuan served as special legal counsel to the issuer.
On 27 November, 2024, Pony AI Inc. (NASDAQ: PONY) was successfully listed on the NASDAQ Stock Exchange, becoming the first Robotaxi company to go public in the world. BAIC Group Co., Ltd. made a strategic investment in Pony and subscribed for its ADS with an amount exceeding USD 70 million. Grandall served as the legal advisor for BAIC Group in the deal with Partners Yang Juan and Li Bo in charge of the aspects related to foreign investment and state-owned assets supervision, Partner Lu Ruyi responsible for anti-monopoly and Partner Hu Jing for compliance and national security review.
On November 27, 2024, SF Holding Co., Ltd. (“SF Holding”), a leading enterprise in China's express delivery and logistics industry, was listed on the Hong Kong Stock Exchange, for which, Grandall Beijing Office served as the legal advisor on China data compliance with partner Hu Jing and other lawyers serving the case.
Recently, the registration for the private placement of stocks by GCL (Group) Holdings Co., Ltd. (“GCL Group”, stock code: 002506), for which Grandall Beijing served as the special legal counsel for the issuer, has been approved by the China Securities Regulatory Commission.
Grandall Nanjing Office has advised Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources (600392.SH), on its acquisition of 86% of equity in Jiangyin Jiahua New Material Co., Ltd. held by NEO International Corporation (NEO), 95% in Zibo Jiahua New Material Co., Ltd. held by NEO and 5% in Zibo Jiahua New Material Co., Ltd. held by Zibo Shijia Trading Co., Ltd. Grandall Nanjing Office has been retained by Chenguang Rare Earth as the legal advisor for this acquisition project.
On 18 June, 2024, Shanghai Lingang Economic Development (Group) Co., Ltd (“Lingang Group”) successfully issued offshore RMB social responsibility bonds of 800 million on both the Hong Kong Stock Exchange and the Luxembourg Stock Exchange, becoming the world's first offshore RMB social responsibility bond by a non-financial institution and the first social responsibility bond from China listed on the Luxembourg Stock Exchange.
Biocreatech announced its completion of tens of millions of yuan of Series A funding recently. Grandall Shenzhen Office, as the special legal advisor of the company, has vigorously participated in the review, revision and negotiation of relevant transaction documents, greatly promoting the smooth progress of the transaction.
On 13 March 2024, Newtechwood Corporation (301588 S.Z.) successfully listed on the ChiNext Board of Shenzhen Stock Exchange. Grandall Shenzhen Office acted as the issuer's advisor with Mr. WANG Caizhang, Ms. PENG Yao and Mr. LI Deqi as key lawyers serving the case.
On 28 February 2024, Nanjing Comptech Composites Corporation successfully listed on the ChiNext Board of Shenzhen Stock Exchange, marking the first company listed on the ChiNext Board after the spring festival of 2024. Grandall Nanjing Office worked as the issuer's legal counsel with Zhong JING, Zhuo WANG, Xi PAN and Fei YANG as key lawyers serving the case.
