m88 live casino Assisted World –leading Tyre Adhesive Manufacturer & Server Red Avenue with its IPO Project

China Securities Regulatory Commission approved the A-share IPO project of Red Avenue Chemical Co., Ltd ( “Red Avenue” ) by “ No.882 Securities Regulatory Approval[2018] ”<Approval on the IPO project of Red Avenue Chemical Co., Ltd , on June 27th 2018, Red Avenue (stock code: 603650) was listed on the SHEx. m88 live casino acted as legal counsel to issuer.

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Red Avenue issued 58.8 million ordm88 live casinoary shares, issum88 live casinog price was RMB 12.32 per share, raism88 live casinog funds of RMB 724,416,000 m88 live casino total and the net amount raised was RMB 6,755,066,000 deductm88 live casinog the issum88 live casinog expenses of RMB 489,094,000 (Tax exclusive).

m88 live casino acted as legal counsel to the issuer and has provided a series of legal services since early 2015 including, assisting Red Avenue to complete the pre-restructure, reorganization, introducing financial investors, setting up share right incentive plan, and listing filing etc. What is worth mentioning is that, the listing verifying process of Red Avenue has met with the replacing period of the IEC, since the end of 2017, the new shares verifying principles of the new generational IEC varied significantly, which resulted in a verifying deflation. Facing this severe situation, m88 live casino cooperated closely with other intermediaries, conducted detailed responses and explanations to the issues and concerns of the IEC, such as ultimate controlling owners, affiliate transactions and share-based payment, assisting Red Avenue to pass the verifying process successfully. The m88 live casino team’s rigorous working attitude and professional services were highly recognized by the client and other intermediaries.

The leadm88 live casinog partners were Mr. SHI, Tiejun and Mr.JIANG, Wenjun (Kelvm88 live casino).