Hebei Huatong Wires and Cables Group Co., Ltd. (“Huatong Wires and Cables”, Stock Code: 605196.SH) completed its IPO and listing on the Main Board of the Shanghai Stock Exchange (SSE) on May 11, 2021. The company offered 76 million shares, raising a total of approximately RMB 384 million.
Huatong Wires and Cables, mainly engaged in the R&D, production and sales of wires and cables, has attached great importance to the expansion of sales areas and application fields. At present, it has initially created a relatively complete global industrial layout, and become a leading cable manufacturer in several segments. The company's leading products include low and medium-voltage power cables represented by house service wires and cables for electric equipment represented by submersible pump cables, which are applied in a wide range of industries such as power transmission and distribution, mining, oil and gas. With international certificates such as UL and CE, as well as domestic certificates such as CRCC and CCC, Huatong Wires and Cables is one of the Chinese enterprises with the most international wire & cable certificates, especially UL certificates.
As the legal adviser to the issuer and its long-term partner, Jingtian & Gongcheng's legal team has worked with Huatong Wires and Cables for years, providing one-stop, end-to-end legal services such as the National Equities Exchange and Quotations (NEEQ) listing & delisting, and the IPO and listing, thus gaining unanimous praise from the client and partners.