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Dacheng Assists Successfully Jiangsu Rainbow Heavy Industries Co., Ltd in Completing the Private Placement of A-stock Shares

On August 26, 602,798,500,000 A-stock shares of Jiangsu Rainbow Heavy Industries Co., Ltd (hereinafter referred to as “Rainbow Share”, stock code: 002483) under private placement were listed on Shenzhen Stock Exchange. The project service team composed of Shanghai-based senior partner Lin Jing and partner Wang Haifei provided the private placement with full-course legal service of conducting the due diligence and issuing the legal opinions. 

Rainbow Share is a modern equipment manufacturing enterprise engaged in production and sale of medium- and high-end lifting, maritime engineering and ship supporting equipment. By accumulating over the years, Rainbow Share has formed its strong technical and brand advantages and possesses provincial engineering research center for special lifting equipment. Its independent brand “GENMA” has been affirmed by Jiangsu Administration for Industry and Commerce as “Well-known Trademarks in Jiangsu Province”. Rainbow Share has already built long-term partnership with such world famous enterprises as Cargotec Corporation, Sandvik Group, Rio Tinto Group and Ulstein Group, and its product quality is highly trusted by customers.