January 5, 2018 – Ruifeng Power Group Company Limited (“Ruifeng Power Group”, stock code: 02025.HK) was successfully listed on the Main Board of Hong Kong Stock Exchange with net proceeds of HK$ 291 million from its IPO of 200 million of global shares priced at HK$1.68.

The fourth largest specialized manufacturer of engine cylinder blocks in China, Ruifeng Power is ranked at the top among Chinese manufacturers of engine parts.

Its advanced production equipment and intelligent production line enable it to meet various demands from different customers. The company owns and operates 3 precision casting lines and 13 mechanical processing lines, including 11 for cylinder blocks, 1 for cylinder heads and 1 for other ancillary cylinder block components and is the first one to be equipped with an advanced automatic casting machine by KW to operate the precision casting line.

As the issuer’s Chinese attorney, Jingtian & Gongcheng legal team provided its service throughout the entire IPO process including participating in the restructuring of the group in and outside China, due diligence investigation and compliance review et cetera.