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JunHe Assisted Jiarong Technology in its IPO on the GEM Board of the Shenzhen Stock Exchange

2022.04.21

On April 21, 2022, Xiamen Jiarong Technology Co., Ltd. (Jiarong Technology with stock code: 301148), was listed on the GEM Board of the Shenzhen Stock Exchange, raising a total amount of RMB 1,118,300,700. JunHe acted as Jiarong Technology’s counsel in the issuance. 


Jiarong Technology is a national high-tech enterprise focusing on the R&D, manufacturing and application technology of membrane separation equipment, high-performance membrane modules and other products. It provides customers with comprehensive solutions for high-concentration sewage treatment and cleaner production. Jiarong Technology supplies membrane technologies for the treatment of municipal landfill leachate and complex industrial wastewater streams.  In 2015,  the company became a joint-stock company and focused primarily on the application of membrane technology. Through R&D innovation, Jiarong Technology has accumulated several core technologies, such as modular membrane separation equipment manufacturing, high-performance membrane module manufacturing, landfill leachate treatment and full-scale treatment, as well as industrial wastewater advanced treatment and zero discharge treatment technology. It is one of the few professional domestic technology companies with membrane separation equipment, independent production capacity for membrane modules and intellectual property rights. As of the end of June 2021, the company has provided membrane separation equipment to more than 300 highly concentrated and saline wastewater treatment projects and served more than 60 highly concentrated and saline wastewater projects. Its customers include renowned listed companies in the relevant sectors, leading domestic environmental protection groups,  large and medium enterprises as well as local utilities and administration bodies for environmental sanitation.


JunHe acted as the counsel to Jiarong Technology in this project, and has provided continuous and in-depth legal services to the company since 2017. It participated in the preparation of the company’s IPO and worked with the other intermediaries to sort out, demonstrate, standardize and rectify the key legal issues. JunHe provided pre-IPO tutoring and applied for the IPO. They replied to feedback from the Shenzhen Stock Exchange and the China Securities Regulatory Commission and was highly recognized by the company and the other intermediaries for its efficient and prudent delivery of professional and experienced expertise and services.


This project was undertaken by Mr. ZHAO, Jun and Mr. MA, Rui. Ms. LIU, Xin was responsible for the internal review and provided important guidance to the project.

JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.