亚洲最大赌博网站

Guantao Law Firm advises Nanjing Baose Co., Ltd. gain the approval of issuing shares to specific objects from China Securities Regulatory Commission

Guantao Law Firm helped the issuer, Nanjing Baose Co., Ltd. (“Baose”), gain the approval for issuing shares to specific objects by China Securities Regulatory Commission on 31 May 2023. 

Baose is a high-tech enterprise specialized in R&D, design, manufacturing and installation of special material pressure vessels and pipe fittings of titanium, zirconium, nickel and advanced stainless steel. Listed on Shenzhen Stock Exchange in Oct.2014, which is domestic first special material non-standard equipment manufacture listed company. Main products include: large PTA (refined terephthalic acid), MMA(methyl methacrylate), coal chemical, acetic acid, coal power and other complete sets of equipment; large hull parts, marine pressure vessels, deep submersibles and attachment, as well as pipes and fittings for various special purposes. Products are widely used in petroleum, chemical, metallurgy, environmental protection, nuclear power, military industry and marine engineering and other fields.

The funds raised by Baose in this issuance would not exceed CNY 720 million, which would be mainly applied for the smart manufacture project of Baose (Nantong) upscale special-material equipment, Baose engineering technique research and development center project, quality and capacity improvement project of Baose’s vessels and marine engineering equipment manufacture. Those projects will help the company level up in its business scale, capacity, R&D, cementing its core competitiveness and leading position in the market. 

Over the years of partnership, Guantao Law Firm has always provided quality legal service to Baose, ranging from its IPO and listing to this share issuance to specific objects. This project spanned two years from the start to the final approval for registration. The legal team provided legal service throughout the project, including the finalization and adjustment of the issuance plan, the application and reply to the approval, etc. 

Attorney SUN Dongfeng, attorney ZHANG Cuiyu, attorney ZHANG Wenliang, partners at Guantao Law Firm, as well as attorney YANG Mei and attorney GAO Jing from the Xi’an Office provided legal service for this project throughout the process.