Beijing Weiheng (Ningbo) Law Office
Telephone: 0574-89017399
Telephone: 0574-89216927
Fax: 0574-87066991
Address: 12A Floor, B1 Building, West Block of New Material Innovation Center, Xianghai Road, Yinzhou District, Ningbo, Zhejiang, China, 315100
On September 3, 2021, Ningbo Global Cable Co., LTD. (hereinafter referred to as "Global Cable", stock code: 834682), a customer of Weiheng, was listed in Beijing Stock Exchange. This project is led by lawyer Chen Jianrong. After ten years of continuous service, the lawyer team of Weiheng Beijing and Weiheng Ningbo finally helped Ningbo Globan to enter the Chinese capital market for public offering and listing.
On September 2, General Secretary Xi Jinping announced at the 2021 China International Fair for Trade in Services Global Service Summit that he would continue to support the innovative development of small and medium-sized enterprises, deepen the reform of the New Third Board, set up the Beijing Stock Exchange, and create a platform for innovative small and medium-sized business owners.
The next day, the CSRC announced that the Beijing Stock Exchange would be established on the basis of the selected layer of the existing NEW Third Board, without additional board transfer mechanism, and the selected layer of the New Third Board would be directly listed on the Beijing Stock Exchange. However, when the selected layer stocks of the NEW Third Board were set up in July 2020, it was clear that they could apply for board transfer one year later, which is the so-called system shift. 66 listed companies of the selected layer were granted the status of listed companies, including Ningbo Ball Crown Cable Co., LTD., which was served by Wei Heng lawyer team.
Ball crown cable co., Ltd. is a national high-tech enterprise specializing in r&d, production and sales of wire and cable. Its main business is r&d, production and sales of wire and cable. In recent years, the company has increased investment in scientific research and successfully achieved product transformation and upgrading. The new generation of cable products represented by rail transit cable, special purpose high, medium and low voltage cable, new energy cable, ultra-high voltage DC cable and military cable have been successfully applied in many fields.
Weiheng Law Firm, as one of the intermediaries listed in the selected layer of spherical crown cable, provides full-course legal services for this project. Lawyers Chen Jianrong and Xue Haijing from Weiheng Law Firm have been accompanying enterprises on the road of going public since 2009, and they have been highly recognized by enterprises through the critical moments such as the company's share reform, the listing of neeQ, the conversion of selected layer to NEEQ and the SPRINT of IPO.
Finally, congratulations once again to Ningbo Global Cable Co., Ltd. for being listed on the Beijing Stock Exchange list.
Weiheng Law Firm is a partnership law firm established in early 1995, and is one of the earliest law firms engaged in securities business in China. Since its establishment, Weiheng Ningbo Law Firm has actively explored and innovated in the field of capital market by relying on the standardized management of the general office. In the future, Weiheng Ningbo Law Firm will continue to serve customers wholeheartedly and provide better securities legal services.
