DeHeng Advised EASTROC on Listing on SSE Main Board
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On May 27, 2021, EASTROC Beverage (Group) Co., Ltd. held a ceremony for its A-share listing on the main board of Shanghai Stock Exchange with the stock code of 605499, becoming the first energy drinks stock in China. For the IPO, it issued 40.01 million shares, accounting for 10.00% of its total share capital, raising RMB 1,851 million.
As the legal counsel, the DeHeng team, with partner Pu Hong of Shenzhen Office, partner Li Guangxin of Beijing Office, and partner Tang Hailong of Shenzhen Office as signing lawyers, and with primary support from paralegals Wang Maozhu and Wang Hansi of Shenzhen Office and lawyer Qi Hui of Beijing Office, provided whole-process legal services for the project. DeHeng’s services have won high praise from the client.
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