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On 10 October 2014, Baose Co., Ltd. ("Baose") was successfully listed for trading on the ChiNext Board of the Shenzhen Stock Exchange (with a stock code: 300402). The Guantao team included partners Sun Dongfeng and Su Bo, supported by associate Hu Jun. In this transaction, Baose issued a total of 51 million shares at a price of RMB4.47 per share. The total capital and the net capital raised after deducting all the relevant costs and expenses were about RMB228 million and RMB200 million respectively.

Baose is a specialised supplier of non-standardized special materials equipment, focusing on the research and development, design, production and installation of equipment made from non-ferrous metals such as titanium, nickel, zirconium, tantalum, and copper, metal composite materials, and other special materials. Moreover, the company is also involved in the manufacturing and installation of non-ferrous pressure piping and welding.

Baose is China's leading producer of non-standardised special materials equipment, with many of its heavy equipment being the firsts in the country. It has achieved many breakthroughs and is undoubtedly a market leader in the manufacturing of special materials equipment, especially heavy and super heavy equipment.