M88 game APK Assisted XINJIANG Dongfanghuanyu Fuel Gas Co., Ltd with its IPO Project

China Securities Regulatory CommissiM88 game APK approved the A-share IPO project of XINJIANG DM88 game APKgfanghuanyu Fuel Gas Co., Ltd. ( “DM88 game APKgfanghuanyu” ) by “ No.933 Securities Regulatory Approval[2018] ”, M88 game APK July 9th 2018, DM88 game APKgfanghuanyu (stock code: 603706) was listed M88 game APK the SHEx.

The main business of DM88 game APKgfanghuanyu are sales, equipment installatiM88 game APK, and heat supply of natural gas. The company is urban fuel gas-based, including gas for CNG auto, gas for domestic use, gas for industrial and commercial use, covering the cM88 game APKstructiM88 game APK of fuel gas supplying tubes and networks, heat supply business and equipment installatiM88 game APK business around the development of the fuel gas market, and providing tailored fuel gas supplying solutiM88 game APKs for clients. Within the reporting period, the business of the company mainly cM88 game APKcentrated M88 game APK the administrative regiM88 game APK of XINJIANG Changji (including urban areas, towns and zM88 game APKes). Up until December 31th 2017, the company owned M88 game APKe natural gas gate statiM88 game APK in Changji, and M88 game APKe receiving statiM88 game APK in west line II, the operating length was 1048.72 km and M88 game APKe CNG mother statiM88 game APK, a fuel gas tube & network system of 13 gas statiM88 game APKs serving 209,000 lives, 510 industrial and commercial clients and 63,000 CNG auto users.

DM88 game APKgfanghuanyu issued 40 milliM88 game APK ordinary shares this time, the issuing price was RMB 13.09 per share, raising funds of RMB 480,099,800 in total to use in the natural gas rebuilding and expanding project, industrial equipment installatiM88 game APK project (High - tech density polyethylene polyurethane foam thermal insulatiM88 game APK steel pipes, 3PE anticorrosiM88 game APK steel pipe, nM88 game APK - standard steel equipment and pressure vessel productiM88 game APK project).

M88 game APK, as legal counsel participated in-depth, providing whole-set legal services to the issuer. What is worth mentioning is that, Dongfanghuanyu was a reformed state-owned corporation with specific issues such as state-owned “gold shares” and rewarded state-owned shares investment. Its shareholder Huanyu Group was a reformed collective-ownership corporation and M88 game APK assisted with deep, subtle legal analysis and case analysis on the historic state-owned/ collective ownership reforming issues, and finally received the approval letter from the XINJIANG Provincial Government. Also, Dongfanghuanyu and its subsidiary Huanyu Installation were involved with a raft of natural-person shareholders and the share transfers were frequent, and the M88 game APK team conducted detailed arrangements on the equity shares transfers of issuer and its subsidiary, and received the shareholders’ documental confirmations. taking into account the characteristics of urban fuel gas companies, the M88 game APK team especially focused on how the business assets were formed and the shareholders’ fund of real assets.

In the reviewing process, M88 game APK cooperated closely with other intermediaries, giving detailed responses and explanations to received feedback from the CSRC , and inspected and considered the issues of the CSRC’s concerns seriously, assisting the company to pass through the IEC examine. The M88 game APK team’s solid working attitude and professional services were highly recognized by the client.

The leading and signing partners were Ms.ZHANG, ZM88 game APKgzhenand Mr.m88 live casino.