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Zhong Lun Advises on HK IPO of Shengli Oil & Gas Pipe Holdings Limited 2009-12-18

Shengli Oil & Gas Pipe Holdings Limited (HK Stock Code: 01080), one of the largest oil and gas line pipe manufacturers in China, launched its initial public offering of 7,200 million shares and listing in the main board of Hong Kong Stock Exchange on December 18, 2009, raising estimated net proceeds of HK$1,234.6 million.

Macquarie Capital Securities Limited is the sponsor and sole bookrunner to the IPO. Partner Dai Guanchun from Zhong Lun Law Firm Beijing office led a team, which also included associates Jin Jing, Li Di and Guo Jia, to act as underwriters’ PRC legal counsel for the IPO.

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