Xinjiang HaoYuan, sponsored by China Merchants Securities, launched its initial public offerings.

CMS (2012-10-22 16:00) [Full Text]

 

On September 21, 2012, Xinjiang HaoYuan Natural Gas Co., Ltd. was successfully listed on the Shenzhen's Small and Medium-sized Enterprises Board (Stock Code: 002700), with China Merchants Securities as its sponsor and lead underwriter. Xinjiang HaoYuan publicly issued 183.38 million shares of A shares this time, at a price of CNY 21.73 per share, and raised funds of CNY 398.4847 million. President and CEO Wang Yan and General Manager of Investment Bank Headquarters Zhu Xianfen attended the celebrating party.

 

 

Xinjiang HaoYuan is mainly engaged in the natural gas transportation and distributing business. Its business covers the whole southern Xinjiang and is the leading gas enterprise of the region. China Merchants Securities is highly regarded by the issuer, investors, and supervision departments for its successful sponsoring of Xinjiang Haoyuan's listing. With professional, rigorous, and diligent quality services, China Merchants Securities creates maximum value for its customers, builds a win-win relationship with them, which is featured by mutual trust and common development, and thus lays a solid foundation for the further expansion of the capital market business.

 

   

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