Rayhoo Motor Dies Co., Ltd. (Rayhoo, stock code: 002997.SZ) completed its IPO and listing on the SME Board of the Shenzhen Stock Exchange on September 3, 2020, raising approximately  CNY 570 million at CNY 12.48 per share.

Rayhoo is primarily engaged in the development, design, manufacturing and sale of automotive stamping dies, inspection tools and welding automation production lines. The company is one of the few Chinese enterprises capable of providing integrated solutions for intelligent manufacturing technologies and intelligent equipment solutions for automobile bodies in white. Rayhoo has been designated as a high-tech enterprise under the National Torch Plan, a “Key Chinese Automobile Cover Mold Manufacturer” and an “Outstanding Mold Supplier” by the China Die & Mold Industry Association. The company has established high brand recognition through rigorous quality control, sustained R&D investment and effective branding and promotion, forming strong partnerships with leading domestic and foreign automobile manufacturers. Rayhoo’s clients include Chinese brands such as DFMC, GAC, Chery, BAIC, GWM, Geely and Maxus, joint venture brands such as Jaguar Land Rover, GAC FCA, GAC Honda, FAW-Volkswagen, SAIC Volkswagen and JMC Ford, as well as international brands, including Volkswagen, Ford, Renault, Peugeot Citroen, FCA, Porsche and Audi.

As the legal adviser to the issuer, Jingtian & Gongcheng has provided legal services to Rayhoo for many years, and assisted the company in completing its IPO and listing from mixed ownership reform, investor introductions, NEEQ listing and delisting to IPO scheme design and execution.