September 21, 2011, Guangdong Guanhao High-Tech Co., Ltd (6004433) obtained the approval for the private placement of 81.9 million A shares from China Securities Regulatory Commission (CRSC).  The raised fund of this private placement reached a total of CNY 692 million.

Guanhao is the first professional company which manufactures thermal paper in large scale and a production base of carbonless copy paper and label stock with the most advanced production equipment and process in China.

Jingtian & Gongcheng acted as the issuer’s lawyer.