Zhong Lun Advises Jiangsu Akcome Solar Science & Technology Co., Ltd. on SME Board IPO and Listing
Zhong Lun Advises Jiangsu Akcome Solar Science & Technology Co., Ltd. on SME Board IPO and Listing
On August 15, 2011, Jiangsu Akcome Solar Science & Technology Co., Ltd. was successfully listed on the Small and Medium Enterprise Board (SME Board) of the Shenzhen Stock Exchange. The company issued 50 million shares in its initial public offering (IPO) at RMB16 per share, raising RMB800 million.
Zhong Lun Law Firm advised the company on the IPO and listing. Professionals included Chen Limin, Lai Jihong, Zou Yunjian and Li Jialin. Ping An Securities Co., Ltd. served as the main underwriter.
The company develops, produces and sells photovoltaic solar accessories. The company’s main products include solar frame, EVA film, and mounting bracket.