On 28 November 2014, National Equities Exchange and Quotations Co., Ltd. issued an approval letter (No. 2098[2014]) approving the listing of Suzhou JinHong Gas Co., Ltd. ("Suzhou JinHong") on the National Equities Exchange and Quotations. On 12 December 2014, the company was successfully listed on the National Equities Exchange and Quotations (NEEQ: 831450) with professional legal support from Guantao throughout the entire process.
The Guantao team was led by partners Hao Jingmei of Beijing office, and He Pukun of Shanghai office.
Suzhou JinHong was established in October 1999 with a registered capital of RMB 60 million. It is a high-tech company that specializes in the development, production, sales and services of industrial gases, and provides a one-stop gas-supply solution for all types of industrial gases, including specialty gases and mixed gases. Suzhou JinHong’s operating income and profit for year 2013 hit approximately RMB 442.51 million and RMB 61.17 million respectively. Further, committed to the development and continuous improvement of a quality control system, the company received ISO certification for quality management systemsin 2008. After years of steady growth, Suzhou JinHong has distinguished itself by its advanced management, and has also established a long-term partnership with a large number of premier downstream customers, making it a truly environment-intensive gas supplier.