ZhongYin Advises BSB Exclusively on Share Issuance
On July 8, 2019, with the support of the team led by ZhongYin’s senior partners Wu Guanghong and Liu Zhenyu as presenting attorneys, ZHEJIANG BSB ELECTRICAL APPLIANCES CO., LTD (short name BSB) obtained a Letter of Registration of Listing on the National Equities Exchange and Quotations ( No. 2750). This is BSB 's another private placement financing of 30 million yuan, after a private placement financing of 20 million yuan in 2016 and a private placement financing of 50 million yuan in 2018.
Founded in September 2005, located in Lishui, Zhejiang, BSB mainly engages in design, research and development, manufacture and sales of hydraulic electromagnetic circuit breakers and high voltage DC contactors. It is the first hydraulic electromagnetic circuit breaker manufacturer in China that has successfully entered the military market in the past 30 years. At present, BSB has successfully entered the new energy vehicle market.
The team of Wu Guanghong and Liu Zhenyu has extensive experience and a large number of successful cases in practicing in domestic and overseas listing, refinancing of listed companies, M&A and reorganization, bond issuance, NEEQ listing, regular legal counseling and other areas, and has a profound understanding of PRC laws and regulations and regulatory practices, and thus can provide flexible, high-quality and value-adding legal services based on the actual characteristics of different clients.