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Dacheng Assists Zhongji Equipment in Gaining CSRC Approval for GEM IPO

On January 10 2012, CSRC IPO Review Committee for GEM convened the 4th working conference,at which the regulator approved the IPO application of Shandong ZhongJi Electrician Equipment Co., Ltd. (“Zhongji Equipment”).
 
Zhongji Equipment is a manufacturer and service provider of complete sets of numerical control equipment that are used by motor winding manufacturers in the domestic and international motor making industry. It is a key high-tech enterprise in Shandong province listed in the National Torch Plan and named China-Patented Star Enterprise in Shandong. It has been ranked an industry leader in terms of overall strength.
 
The lPO application project was led by Dacheng senior partner Zhang Lei from the capital market practice, and was undertaken jointly by Mr. Zhang, attorneys Shen Linping and Qiu Yuanliang. The project team, starting in 2009, advised the company in restructuring and reform, offered pre-listing tutoring and assisted it in application before it was approved by CSRC. This is the 11th successful IPO application project advised by Dacheng since the start of 2011.