On November 24, 2010, the China Securities Regulatory Commission approved the initial public offering (IPO) and listing of Hand Enterprise Solutions Co., Ltd. (“Hand”) on the ChiNext market of the Shenzhen Stock Exchange.
Zhonglun Law Firm has acted as legal counsel for Hand Enterprise Solutions Co., Ltd. and helped it successfully launch its IPO and get listed on the ChiNext market. The professional service team was led by Partner Michael Gu and Shirley Xiang, and also composed of Associates Gu Pingkuan and Li Jiali.
The underwriter of Hand IPO was Industrial Securities Co., Ltd.
Being the leading IT consulting enterprise in China, Hand principally engages in offering advanced ERP implementation service. Hand intends to issue new 30 million stocks, and RMB 300 million raised by the IPO and listing would be used to further its investment in four projects of ERP implementation service platform, oversea ERP software outsourcing developing center, application product solution plan and ERP implementation and maintaining service center.