Yunsheng Bamboo Listed on Shanghai Equity Exchange2013-03-194568
On March 18, Shanghai Yunsheng Bamboo Products Co., Ltd was successfully listed on the Shanghai Equity Exchange. AllBright represented Yunsheng Bamboo for the listing.
Yunsheng Bamboo (stock code: 100060) is an innovative bamboo material products manufacturer. Its mission statement is to replace wood, steel and plastic products with bamboo, which is a renewable resource. The company’s products have been widely used in gardens, outdoor leisure facilities, construction, decorations, furniture, and packaging materials for heavy machinery. It invented an anti-rot outdoor bamboo material and developed outdoor decoration and garden scenery solutions based on this new material.
Shanghai Equity Exchange is a regional equity exchange approved by the Shanghai Municipal People’s Government. It is an important part of Shanghai’s construction of an international financial center and a pivotal part of China’s multi-layered capital market system.
While the Chinese government has frozen the IPOs of the main board markets on the Chinese mainland, AllBright has proactively entered the equity exchange market and represented several clients in their listings on the Shanghai, Tianjin and Zhejiang equity exchange markets.
AllBright Senior Partner Shen Guoquan, Associate Li Bing and Li Panfeng advised the client on this listing.