Deacons Advises on the Main Board IPO of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd.
November, 2024 - China
Deacons’ Corporate Finance Practice Group advises the joint sponsors Haitong International Capital Limited and CITIC Securities (Hong Kong) Limited and underwriters in relation to the Main Board IPO of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (SEHK Stock Code: 2582), seeking to raise up to HK$438 million.
The company is a leading hydrogen energy storage and transport equipment manufacturer in China, developing and manufacturing hydrogen energy core equipment used in the entire industrial value chain of hydrogen energy, which consists of its production, storage, transportation, refueling and use.
The company published its IPO prospectus on 7 November 2024. Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 15 November 2024.
Our team is led by Ronny Chow and Canny Lau, Partners of our Corporate Finance Practice Group.
Deacons also advised on the Main Board IPO of another hydrogen energy industry player in China, Henan Jinyuan Hydrogenated Chemicals Co., Ltd. 河南金源氫化化工股份有限公司 (SEHK Stock Code: 2502), which was successfully completed in December 2023. This deal won the China Business Law Journal’s “Deals of the Year 2023” award.
