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Dacheng Advises Hubei Weidong Chemical Co., Ltd. on NEEQ Listing

On March 17, 2015, Hubei Weidong Chemical Co., Ltd. (“Weidong Chemical”, stock code: 832155) was successfully listed on the National Equities Exchange and Quotations (“NEEQ”) system. A Dacheng team composed of Beijing-based partner Wang Zuwei, Wuhai-based associate Qi Jiantian and partner Chen Jihong advised Weidong Chemical on the listing. Their expertise and efficiency was unanimously recognized by the client and other intermediaries. 

Weidong Chemical is primarily engaged in the development, manufacture and sale of various types of civil explosive materials and also a provider of engineering blasting services. It is recognized as a hi- and new-tech enterprise, an ISO9001 quality assured firm and a weapons and equipment quality assured firm. Its output and sales volume of industrial detonators have for years topped the industry in Hubei and it is recognized as one of the largest exploder manufacturers and providers in the province.