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HOME > News > Transactions and Cases > AllBright Advises Hualing Xingma in A-share Private Placement

AllBright Advises Hualing Xingma in A-share Private Placement

 2013-01-124586

On December 21, Hualing Xingma Automobile (Group) Co., Ltd’s application for A-share private placement was approved by the China Securities Regulatory Commission. AllBright advised Hualing Xingma on the deal.


Hualing Xingma (stock code: 600375) went public on April 1, 2003. The total funds raised through this private placement were at most 1.365 billion yuan.  The proceeds will be invested in a 50,000 heavy-duty vehicle engine project.


AllBright Senior Partner Xu Jun, Associate Li Mingwen, and Assistant-to-Associates Pei Zhenyu and Zhang Difan advised Hualing Xingma on the project.