July 7, 2010, Sinoref Holdings Limited launched its initial public offering (IPO) of 390,000,000 at HKD 0.76 per share for a Hong Kong Stock Exchange main board listing, under the stock code of 001020.HK. The raised funds reached a total of HKD 296,400,000.

Sinoref is a leading player in the high-end steel flow control products Industry, which are used in the continuous casting process to protect, control and regulate the flow of molten steel. The company’s main products include ladle shrouds, stoppers, tundish nozzles and subentry nozzles, and other necessary parts for steel producing.

Jingtian & Gongcheng represented the issuer in the listing.